First time poster, long time lurker

[Randall Brooks]

First time posting to BP forums but have been researching and learning from BP for some time now.

I'm 31 and currently live in north Idaho and the RE market is booming here. After years of preparation I finally left my w2 and got my contractors license and started my own LLC with my father. I have a background in construction and landscaping and my father built custom log homes for many years. Over the past few years we have been drawn out of our traditional jobs as the potential in RE here is undeniable- we finally decided to take the leap 3 months ago and go full time. We have successfully flipped a few homes over the years but will begin to scale up with an emphasis on buying and renting rather than flipping. Our advantage is being able to do nearly all the work ourselves, with the exception of electrical work which must be subbed. This has, and will, save us a lot of money in rehab- as such we are interested in buying "the worst house in the best neighborhood."

Our current project is a full gut renovation on a duplex (1 bed 1 bath each side). The duplex was in bad shape, which we love, and thus were able to purchase it for far lower than average house value. We just got clearance from the city to raise the roof and will be adding a second floor with two extra beds and two baths, one on each side. By full gut I mean full gut- we have it stripped down to 4 exterior walls and will be putting new bonus room trusses on in less than 2 weeks. I'm planning on starting a thread about this duplex as its my first real dive into RE. I plan to BRRRR this property and pull out what I initially invested and roll that into another deal.

Looking forward to what the future holds and excited to be a part of the BP community.

[Randall Brooks]

@Matthew Olson and @David Clinton III thanks for the warm welcome. Nice to see some locals on here and I'm always down to network, connect, and learn from each other. I'm just down the road from you both in Moscow but travel to CDA and Spokane frequently. At some point I'll be throwing together a progress thread for our current project and will have some solid numbers to share with everyone when the job is done.