All Forum Posts by: Ari Dubinsky

@Kase Knochenhauer, how would you add value to out of state investors? I'm in CA and looking into DFW & Houston areas.

"I think ideally you should have $0 or LESS in a deal after refinancing and have decent cash flow. A good deal for me allows me to refinance out $8-12k MORE than I have invested"

@Kevin Sobilo this sounds like a fantasy BRRRR-investors preach but rarely materializes. You must be buying properties that are 80% under ARV (does this market even exist??), or your adding some serious equity to the property during rehab. Either way, predicting $0 down offers a buffer I would be comfortable in moving forward with on almost any deal xD

"I'm 100% sure I want the property before talking numbers"
Any experience with something unexpected on the property, after you bought?

@Ernesto Hernandez, My criteria for my first BRRRR is total cash invested after a rehab & refinance must be no more than $25k and it should cash flow over $100/mo.

I’m on several wholesalers email list and I have my Core 4 already going to houses to check them out and write itemized bids. But what comes before making an offer? Every wholesaler says to do your own due diligence.

I'm an out of state investor because I have no choice. Properties in my own backyard have appreciated to the point that they no longer cash flow positively. So I've started to build up a network of wholesalers in cash flowing cities, but I don't completely trust the wholesalers' ARV's or neighborhood choices (since I'm out of state). I often find that they over inflate ARV's, so I was wondering what systems others have put in place to get accurate ARV's and rehab costs before making an offer?