All Forum Posts by: Greg Larson

Gruetsi Linda,

Don't know if you're still here or not. I just recently moved here from Memphis although I have been coming to Bend for 15 years. I am also suffering from some of the "sticker shock" of prices here. It seems I have to throw all of the BP metrics (2% Rule, 1% Rule, 50% Rule) out the window. I have looked at dozens of properties and nothing cash-flows positive. I am trying to think outside of the box right now. BTW I have great friends in Switzerland and try to go there every couple years. Good luck.

Thanks Al Williamson. I'm rolling up my sleeves on this one.

Hi Wayne, thanks. I'm just getting started in Memphis but I'll let gladly let you know more when I'm up and running. I see you're in Nashville. That's a great city. Let's stay in touch.

Thanks everyone. The ABCDEF question was in reference to a mapping feature mentioned on this thread: https://www.biggerpockets.com/forums/67/topics/68919-buying-in-the-hood.

The quote was "What you want to do is find a C area that is a little bit away from a D or F area but the broker listing for the bank used war zone comps for the BPO. This makes the C property price close to what they are asking for in the F areas . . . "

The lingo has me stumped.

Thanks. Will do that.

BTW. I have read of people referring to a Mapping Feature that breaks down areas into ABCDEF according to certain (price, safety, desirability???) features. I can't seem to find that link. Can someone provide a hint?

Thanks,
Greg

Hi Joel,

I just tried to send him a message but got an error message saying I need to become a colleague first. How does this work?

Thanks,
Greg

Hi everyone! I'm Greg and I'm living in Memphis. I am a polyglot with lots of construction and renovation experience and am looking to figure out how to parlay that into some Fix and Flips. I have a ton of questions, some good money connection possibilities, and really cold feet. Nice to meet you all.