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All Forum Posts by: Jennifer Edwards

Jennifer Edwards has started 4 posts and replied 19 times.

Post: Help! Need to unsubscribe!

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

Help! Due to Covid I’m not in a good financial state and can’t afford the pro membership. I signed up for it this time last year and hardly used it. I email the them this but they charged me for another whole year anyway. anyway. What do I do?!?

Post: First Flip Underway Finally

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@Brent Fabian SOOO Cool! Congrats and good luck!

Also, hi from a fellow Houstonian and fellow newbie. I’m rooting for you!

Post: Where are all the female investors and real estate agents?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@Jennifer Pauyo Great Thread! 🙋‍♀️ I want to be counted!

Wife, mom, full time therapist and a newbie investor. Women have more roles and each one has its own to do list. I wish I had more time to be more active on BP but I’m so busy kicking butt, it’s hard to find time.

Had to slow down and respond when I saw this post. Very EMPOWERING!!

Would love to connect with other empowered ladies in Houston!!

Post: Are Air BNB monthly income estimates accurate?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

I found a cute house in a neighborhood with access to lake Livingston in Texas. I have not looked into short term rentals much but am very Interested and this looks like a good one for trying it out. I don’t know how to estimate the income though. I put in the location and how many it would sleep in a little calculator for renter income on Air. BNB and it spit out a number. But how did they come up with that? Does it account for vacancies and/or expenses?

Any advice is much appreciated!

Post: First Fix n Flip in Houston

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@Alex Tahnat

Congrats Alex!! Can’t wait until I can post about my own first flip! Keep it up!

Post: Single Flip Blues - How do I grow?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@William B. Thanks for responding! Yes, I’m in Houston as well. Im really new and have not done my 1st deal so I can’t offer any personal wisdom. That’s why I recommended the book.

Our strategy is to look for those fixer uppers and run the numbers for BRRRR and flip each time. I'm ok with not getting 100% of my money back b/c I can save the monthly rent for a while to get it back. You do have the predicament that I don't. I have a day job and can support myself with that while I reinvest all my capital.

I would just say run the numbers each time and hold it if you can afford to so you get passive income going. Maybe think of it as investing in a retirement plan.

Post: Single Flip Blues - How do I grow?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@William B. Have you read the BRRRR Book?

Post: List of average rehab costs?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@Justin Kurpius

It’s on the list for sure! Has been bumped down because I could not find it on audible. Got to buckle down and buy the hard copy. Thanks for the push!

Post: List of average rehab costs?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@Will Barnard

Perfect! That saves me a lot of time on step 1. Thank you so much for sharing!

Post: List of average rehab costs?

Jennifer EdwardsPosted
  • Flipper/Rehabber
  • Houston, Tx
  • Posts 20
  • Votes 15

@Will Barnard

This made me smile! I wish I could take more credit but everything I know I learned here. My plan is pulled from things I got from books blogs and podcasts.

Great point about the next step!! Being able to assess quickly is the goal!