All Forum Posts by: Gilad Lifshitz

Yeah I tend to agree that the rent estimator here is usually showing lower numbers compared to Rentometer

Hi there,

I'm new to BRRRR and looking to make my first deal. I understand there are classifications of zip codes/neighborhoods to Classes A/B/C etc -

I was told that usually classes A/B make more on appreciation, but barely cash flow (especially with the current interest rates), and that in C classes, you can generate some cash flow. My main focus would be to build equity so definitely appreciation is good, but would also like some nice monthly income from rent.

The thing is (and maybe it's just me) - these C class neighborhoods seem to be with higher crime rates, I'm not sure the quality of the tenants it might bring over etc, so I have some reservations about them, but not sure if it's justified or not.

Anyone have any suggestion on the matter?

In terms of areas to invest - I am currently looking at a few different options - either Columbus Ohio, or suburbs of Atlanta Georgia (I will be doing a remote investment as I live in NY)

Thanks,

Gilad

Thanks @Jimmy Lieu. I appreciate it!

I'll definitely reach out if it becomes relevant.

Hi All,

I'm new to real estate investing - I am looking to dip my feet in the BRRRR waters.

I am currently researching relevant markets to invest in - me and a good friend (who is an experienced GC) are looking to partner and start with a low amount as we are less experienced - we're looking to invest about 100-150K from our own capital (maybe take a small loan on the investment. Also - this includes both purchase price and rehab costs).

Any recommendations on which markets to focus on? 

We were thinking either on Ohio area (seems to be within the budget) or perhaps Atlanta area / SC area (seems a bit over the planned budget)

Any thoughts/suggestions?

TIA,

Gilad