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All Forum Posts by: Evan Westerman

Evan Westerman has started 8 posts and replied 14 times.

Post: Risk Tolerance for BRRRR/ Fix n Flip

Evan WestermanPosted
  • Gilbert, AZ
  • Posts 14
  • Votes 4

Thank you Joe, I see your point. I will try to approach it differently

Post: Risk Tolerance for BRRRR/ Fix n Flip

Evan WestermanPosted
  • Gilbert, AZ
  • Posts 14
  • Votes 4

Good morning BiggerPockets maybe you guys can help me with an issue I've been thinking about for quite some time.

I have a partner who is interested in either the BRRRR method or fix n flip depending on the individual house. He owns real estate but has never done a full rehab (same as myself). I think at this point he's stuck in analysis paralysis and I cant seem to get him out of it. He's very concerned with the quality of the contractors, market up and down swings, house being able to sell etc. I tried to present solutions like verifying contractor references, multiple itemized bids and different agents and PM opinions on the current market state but every time i present a solution he thinks of something else. They aren't unrealistic issues/concerns but I feel he wont pull the trigger unless he's 100% sure there isn't a risk and in his principle and in real estate there isn't such a guarantee. What could I do different to help with my cause and gain his confidence or instill confidence in him?

How would you convinvce 

Post: Obtaining a mortgage with a small income

Evan WestermanPosted
  • Gilbert, AZ
  • Posts 14
  • Votes 4

@Elise Marquette Are you able to assist in AZ? Would you also be able to provide more information about this if you are? I’m looking to add another unit very soon!

Post: Rental Properties through Condos

Evan WestermanPosted
  • Gilbert, AZ
  • Posts 14
  • Votes 4

I’m starting my real estate journey and after much research in my AZ market I’ve decided on a buy and hold strategy but solely through condos/townhomes. I have my reasons for doing so like less maintenance on the exterior for example.

I was wondering if anyone has done a similar strategy and maybe some winning/losing stories or why you think I should change my strategy. Any and all replies will be greatly appreciated!