All Forum Posts by: Frank Eimiller

Welcome to BiggerPockets!! My broker just bought a SFR in Milwaukee for 28k.. He's sure it will rent for $850 You're in an awesome area, good luck finding those deals!!

I feel like there's a little bit more than that to put into the analysis of a deal.. Be sure to read any/all of the books carried in the BiggerPockets bookstore!

Now that you have a good track record, maybe you can link up with some private money? I think that's the ultimate goal for most people-- use Mr. Jones dollars, buy a property, rehab that property, refinance that money with a local bank, pay Mr. Jones back w/interest.. Then repeat the process over and over!! That was a lot of typing.. If only there was an acronym for that entire process!!😀😅😂 brrrrrrrrr

Heck yes. Congratulations

I like it!!

Hey Hey. I'm looking into doing this myself actually (Hopefully we are on the same page-- you're talking about flipping a HUD home that you live in? Which gives you access to smokin' deals?)

I just put an offer in on a property that sold for 80k 2 years ago that needs less than 8k in work... I offered 40k so we will see

Obviously bidding as an O/O we will need to hold it for a year-- the way I see it we need to live somewhere, and a $350 mortgage payment is nothing to hold onto such a deal 

So to answer the post, I think it's a pretty sweet idea!😀

Welcome to BP

Better start driving! For dollars that is Browse these forums for the strategy "driving for dollars," seems to be most people's (myself included) starting place

Dale! Awesome track record. Why assisted living/how did you come across that niche? I've yet to hear anything on the subject!

My potential. I'm alive, I'm smart, and I'm capable!