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All Forum Posts by: Andrew Brooks

Andrew Brooks has started 6 posts and replied 15 times.

Hey everyone, 

Newbie to the real estate game and I'm looking for an awesome real estate agent(preferably an investor themselves) as well as a contractor as Im looking purchase SFH's and small multi families that would need a little rehab. My primary target areas are both nova as well as the Hampton roads area. Also looking for an awesome lender in case I would need to obtain financing through non-conventional means. I figured what better place to get referrals from then the veterans of the game on this site. All advice is greatly appreciated. Look forward to hearing from you guys soon.

Post: Potential quadplex investment

Andrew BrooksPosted
  • Investor
  • Hampton, VA
  • Posts 16
  • Votes 7

Post: Potential quadplex investment

Andrew BrooksPosted
  • Investor
  • Hampton, VA
  • Posts 16
  • Votes 7

Hey @David Ferrette I decided not to pursue that property as I needed to take care of some things on my well and discovered some issues about the property as well.  If you dont mind I'll pm you what occurred if it's ok with you

I am definitely open to adding a northern va sub-forum.  Count me in!

Post: Potential quadplex investment

Andrew BrooksPosted
  • Investor
  • Hampton, VA
  • Posts 16
  • Votes 7

Hey BP!

Been a member for about 4 mos now but i decided it was time to get serious this past weekend and have been analyzing properties ever since. I saw one that caught my eye and from the property analysis tool software, it seems that it would generate positive cash-flow. I've watched several of Brandon's seminars and went on the high end in regards to expenses such as vacancy and cap ex. I would probably use an FHA 203K loan as rehabs would be needed. Please let me know what you think as well as what might be missing. Thanks!