All Forum Posts by: Brett Lambert

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $1,485,000

Beautiful estate-like property in the Redwood forest above Santa Cruz CA. This is a long term development opportunity. Multiple outbuildings and cottages spread out among the property. For now all 4 units are rented for a total of 12k/month.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $130,000
Cash invested: $70,000

Medical Mile BRRRR. A beautiful old home that was serious foundational issues...

Cost us around 20k to jack up the foundation and raise the corner of the home 6 INCHES! IT WAS CRAZY.

after the foundation was secured, we did a full rehab in there. added a second full BA downstairs. Bought it for 130k, it appraised for 330k 5 months later!! pulled all of our money out!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $130,000
Cash invested: $70,000

Medical Mile BRRRR. A beautiful old home that was serious foundational issues...

No one wanted it because they were unclear if the foundational was fixable. We knew the home was worth over 300k but needed to understand how much the foundation would cost to fix (everything really does have a number...)

cost us around 20k to jack up the foundation and raise the corner of the home 6 INCHES! IT WAS CRAZY.

after the foundation was secured, we did a full rehab in there. added a second full BA downstairs. Bought it for 130k, it appraised for 330k 5 months later!! pulled all of our money out!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $130,000
Cash invested: $50,000

BRRRR. Bought a rundown single family home is a prime downtown GR location across the street from the Fulton st. Farmers market. Bought it for 130k. put in 50. refinanced out after it Appraised for 250 4 months later. Pulled all of our money out.. Turning it into a Airbnb soon!

First time doing extensive landscaping in the yard as well. Full stone patio and new deck!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $160,000
Cash invested: $30,000

Another fun BRRRR.

Bought this home as a 3br 1ba for 160k. Turned it into a fully rehabbed 4br 2ba. Appraised for 240k two months later. Pulled all of our cash out on this one. Super fun deal.

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

Ability to pulled out all of our money at the end and still make 1k/mo cashflow.

Investment Info:

Single-family residence buy & hold investment in Grand Rapids.

Purchase price: $130,000
Cash invested: $160,000

Off Market 4Br 2Ba SFH in Eastown off of Cherry & Diamond. Needs basic cosmetic rehab, but has great potential. First time using a wholesaler.

Investment Info:

Single-family residence buy & hold investment.

Off-market 4Br (soon to be 5Br) 2BA SFH right around the corner from the Fulton St. Farmer's market! Needs hardwood floors refinished, new paint , and new counters, but overcall not much else. Excited about this one! Bought 2 SFH in a package from an old time GR investor.

Investment Info:

Single-family residence buy & hold investment.

Off-market 4Br (soon to be 5Br) 2BA SFH right around the corner from the Fulton St. Farmer's market! Needs hardwood floors refinished, new paint , and new counters, but overcall not much else. Excited about this one! Bought 2 SFH in a package from an old time GR investor.

Investment Info:

Single-family residence buy & hold investment.

Off-market 4Br 1Ba (soon to be 2Ba) on Ethel Ave SE right off of Wealthy st. Starting rehab in Early August. Comes with a vacant lot right next door - hoping to build on that as well.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $220,000
Cash invested: $25,000

4 unit building on NW side of Grand Rapids near bridge st. Main goal is to buy and hold it due the current development plans on NW side of town near Bridge st. Market.