All Forum Posts by: Brandon Shim

 Thank you! Looks good so far from the video titles.

I’m looking for recommendations (books, podcasts, etc.) on where to learn about the steps in process that come after you get an interested seller. I’ve been able to find a lot of material on how to get interested sellers, but not the steps after. What to say to them? What kind of questions to ask? The logistics of the deal, etc.

I'm technically not wholesaling (right now at least) because I'm looking to buy for myself to live in or for a BRRRR, but it felt like this was the right place.

This sounds like it could be a good one for me - https://store.biggerpockets.co...

New to REI, but wondering if this could have any value.

Since single family homes usually appraise for more than multi family homes, would it make sense to rehab a SFH into MFH, leave a doorway open, then get it appraised, and then put a wall up in the doorway?

Bummer! Thanks for everyone's inputs.

I'm looking for BRRRR opportunities and am finding that I can't find any on Zillow that meet my criteria. Are opportunities scarce right now in my price range? Is my method/criteria flawed? Should I expect significantly better properties if I had an agent in the area?

Criteria/Method:

1. Cost of property + Estimated Rehab costs < 150K, I'm ball parking rehab costs at 25% of Cost of Property

2. Estimated ARV * 75% > Cost of Property + Estimated Rehab costs (Cash out Refi)

3. Somewhere around 1% rule. If Zillow is near it, I'll use Rentometer

4. Not in a red crime area according to CrimeGrade.org

Am I just looking for the needle in the haystack that everyone else is looking for/grabbing? I've spent time looking at a lot of areas in the Midwest and South so far.

Edit: I'm doing all of the above to see if which area I should target