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Updated about 1 month ago on . Most recent reply

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Guy Yaffe
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brrrr loactions for under 150k

Guy Yaffe
Posted

hello

loobing for best places to do some brrrr deals,houses price up to150k that will fit the method and rent the, to section 8.

looking to buy few houses but cant find any,can someone recommend any cities or zipcodes to look on please

or would like to get some connections on deals.

thank you

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,585
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

That strategy is not going to work. You need to take a break and rethink what you are trying to accomplish. You already know there are no deals out there in the price point and strategy you want, but you are asking people to serve you some. They will, but they won't be good deals. They will be bad deals that you are asking people to tell you that they work. BRRRR is very hard everywhere now because the model doesn't make sense with interest rates this high. Also, with low inventory, it's hard to get the groundswell for a quick out value because the comps aren't there.

Any time someone comes into the forums and asks for deals anywhere that work, they are setting themselves up to get pitched disasters.

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