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Updated over 4 years ago, 09/12/2020

User Stats

6
Posts
3
Votes
Bret McKee
3
Votes |
6
Posts

My First Rodeo/House-Hack/BRRRR

Bret McKee
Posted

Investment Info:

Single-family residence buy & hold investment in Atlanta.

Purchase price: $450,000

This is my first investment/purchase, and I'm basically trying to house-hack this into a BRRRR. It's a 2,300 sqft ranch with a total of 4b/3ba. I'm currently renovating the basement (adding another 500 sqft) as a full 1b/1ba in-law suite, with separate entrance and parking. Before the pandemic, I had a steady rotation of airbnb style tenants I found through word of mouth.

What made you interested in investing in this type of deal?

Bigger Pockets Podcasts & Books

How did you find this deal and how did you negotiate it?

Real Estate Agent

Lessons learned? Challenges?

The challenges and lessons seem to appear daily, this being the first time. But I think spending more time to find the right agent would have saved me a lot of headaches and surprises.

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