All Forum Posts by: Eric Lubbers

@William Nelson outstanding breakdown - super helpful and a great way to simplify it. Thanks for that post.

@Tim Bradley would agree with Tim. We've started with several properties in Orlando and have used the BRRRR with 2 of them. It works well if you have the team in place - contractor, property manager, agent and lender - takes some up front process work but once you end up with a rented unit, the refi check in the bank and monthly cash flow that covers expenses the lightbulb (for us at least) clicked on and it's much easier to see the process working - and also where process is needed to improve.

@Chris Elkendier also local in Milwaukee and have very similar scenario. Have invested in several ORLANDO properties to date but continue to explore options. This is a great thread / thanks for posting your question.

I'm in the market for BRRR contacts in Wisconsin , Florida and Arizona. Have capital to deploy - but am in need of solid contracting references in each state. If anyone has outstanding contractors in Jacksonville or Lakeland, Madison / Milwaukee or Tempe - could you send them my way? Any help is appreciate from this community - thanks in advance.

Evaluating on all fronts - in Wisconsin. The listing info I’m reviewing shows the price of property along with the renovation estimates. Most total to roughly (what’s in listing) to about 50-60k. Barring restrictions on occupancy I’m reviewing a bunch of info to see what I can find out

Looking at inexpensive complete renovations - tax foreclosed and need to show funds for rehab. Many of them are a few thousand to purchase / with about 20-45k to complete rehab (must show funds for estimated rehab). Curious if this is a good place to look for flips or if it becomes to much of a hassle - new to this space so any advice appreciated. Thanks in advance !

A business partner and I have saved every dime for 3 years and now have $200k in liquid capital. We wanted to create discipline (saving to a large goal) in order to ensure a great start. We have the capital, we have the business set up, etc....Our goal now is simple - invest in cash flowing property  

We are looking for advice around types of property that would be the best fit to get started acquiring property- saved this capital and are ready to deploy onto the market - what would be the best way to do so in order to a) max cash flow b) use the best leverage strategy to ensure the best possible start ? Our debate has been multi-unit apartment building or individual houses  at this point property management is a must on our end given current jobs and families. With this amount of capital - what would be the best approach?