All Forum Posts by: Jeff Poarch

Thanks @Daniel Alvarez! Jackie from Elite was actually my first quote (via my realtor) and is so far the best overall. What are the odds?! LOL

@Greg Dickerson my wife and I are actually under contract on a townhome in Corolla. Any recommendations on great insurance agents in the area? 

@Ryan Grant sounds like a plan! Best of luck. 

@Ryan Grant I am pretty sure I went to school with your sister in law. We actually worked with her/A-1 to get a new garage door opener installed in our home a few years back. Small world! 

My wife and I are actually in a pretty similar position where we're looking for a decent volume of BRRRR's in addition to our 9-5 jobs. We're in an especially similar position because we too paid a little more for a house than what truly worked to get a good BRRRR. This market definitely makes it tough unless you've got a strong lead funnel. BRRRR's from the MLS are true unicorns.

My best advice I can give from my limited experience is to also always run numbers on a possible flip as an exit strategy if leaving money in the deal means you're going to lose velocity. Thankfully, Flips & BRRRRs have a lot of the same initial steps and so targeting one doesn't make the other impossible (or even difficult). 

I've found some great handymen/contractors and am aggressively researching hard money lenders and BRRRR friendly refinancing. Happy to be a resource however I can be.

PS: @Stephen Glover was the first person I ever talked to in the area that was into REI. He's your guy for all things BRRRR and property management. I'm looking forward to attending Taylor's meetups one of these days, I have heard great things.

@Finn Cardiff welcome to the neighborhood! I was born and raised in Chesterfield County, have now returned, and am now underway on my first BRRRR deal that I purchased here (23236) just under a month ago. There's a lot happening here in town and I am really excited about the growth.

Happy to also be a resource on good locations/contacts in this area. What Stephen and Taylor have said with regards to location is 100% true! 

@Stephen Glover is your guy!

Looks great, congratulations @Brandon Spurlock! 

I looked at a few properties in Hopewell and always seemed to never get the stars to align. Good prospect in a horrible location, bad prospect in a great location....etc. That area definitely has little pockets of potential and I am glad it worked out for you!