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All Forum Posts by: Chad Shell

Chad Shell has started 3 posts and replied 6 times.

Post: Chattanooga invester friendly realtors?

Chad ShellPosted
  • Flipper/Rehabber
  • Norcross, GA
  • Posts 6
  • Votes 0

I'm from the Chattanooga area and have one rental home there but am looking for a great realtor to send me leads for my next purchase. Thanks for anyones help!

Post: advice, mentor, BRRRR

Chad ShellPosted
  • Flipper/Rehabber
  • Norcross, GA
  • Posts 6
  • Votes 0

Great information and advice!! Much appreciated.

Post: Working on my first deal and have a BRRRR? Please help.

Chad ShellPosted
  • Flipper/Rehabber
  • Norcross, GA
  • Posts 6
  • Votes 0

Thanks for your advice @John Leavelle!! Because of it I ended up not going through with the deal because the #s didn't work out.

Post: Working on my first deal and have a BRRRR? Please help.

Chad ShellPosted
  • Flipper/Rehabber
  • Norcross, GA
  • Posts 6
  • Votes 0

Gave myself the 90 day challenge two months ago and am looking to do a BRRRR deal. Can someone tell me if this house/deal would possibly qualify.

Purchase price possiblity - $80,000

ARV - $150,000

.70 = 105,000

- $30,000 in repairs

= 75,000 

Rental income would be about $1000. Obviously I'm a little confused on some of the basics. Good area of town but needs some work. Any advice or questions would be great. Don't want to screw up my first deal. Thanks

Post: advice, mentor, BRRRR

Chad ShellPosted
  • Flipper/Rehabber
  • Norcross, GA
  • Posts 6
  • Votes 0

Been self educating myself for awhile with books, podcast, webinars. Gave myself the 90 day challenge about a month and half ago. Would love to meet up with someone who has been a real estate investor for awhile. Pick your brain. I'm currently a teacher and after realizing that my 1-2% yearly pay raise will never give me any financial freedom I've finally found the thing I think that ultimately could if gone about the right way. I'm looking to make my first deal very soon and then hopefully continue the process of building my knowledge. I've found a few BRRR candidates but realitors I've spoken to so far while nice and helpful don't seem very knowledgable for this method I want to do single family homes using the BRRR method. What is the best financing to go after for the short term? Hard money commercial loans? Bank options? Any mentoring, advice, would be greatly appreciated.

Post: *** CALLING ALL BUY & HOLD INVESTORS ***

Chad ShellPosted
  • Flipper/Rehabber
  • Norcross, GA
  • Posts 6
  • Votes 0