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Updated over 4 years ago on . Most recent reply

Jason May's profile image
Jason May's profile image
Jason May
  • from Franklin, KY
  • Member since Feb 25, 2019
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Jason May's profile image
Jason May's profile image
Jason May
  • from Franklin, KY
  • Member since Feb 25, 2019
Connect
Jason May
  • Franklin, KY
3
Votes |
25
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

What turns you off from a potential property?

Jason May
  • Franklin, KY
Posted

Are there any certain things that turn you off from a potential BRRRR property? Examples I can think of is location and age but not sure of what age. Also any certain features you pass on?

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Filipe Pereira's profile image
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Filipe Pereira
  • Property Manager
  • from Windsor Locks, CT
  • Member since Apr 6, 2016
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Filipe Pereira's profile image
Filipe Pereira's profile image
Filipe Pereira
  • Property Manager
  • from Windsor Locks, CT
  • Member since Apr 6, 2016
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Filipe Pereira
  • Property Manager
  • Windsor Locks, CT
1,863
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1,731
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Filipe Pereira
  • Property Manager
  • Windsor Locks, CT
Replied

Bad pricing on the front end, bad HOAs, crime, location, tenant class, exorbitant taxes, utilities that can't be separated or updated (oil to gas, for example).

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