All Forum Posts by: Jose Ortega

@David Monroe, very helpful! Thanks David!!

Hello BP, How do you deal with tenants already in place but all units need some kind of upgrades, in order to put into practice the BRRRR method. Basically what I'm tryin to say is that if the property need to be vacant in order for me do to the rehab? Or how do you deal with that situation. Thank you!

@Jennifer Rysdam, thanks Jennifer! Do you assume that X property will be sold basing on what other properties has been sold in that same neighborhood with the same descriptions? Thank you!

@Kuba F. Thanks Kuba!!

Hi BP, This one goes for the Flippers Pro. What tools do you use determine the ARV on a RE property before you even see it ? Trying to figure it out what are the best methods to take in consideration before physically go to see it. Try to get as much info as I can before go to take a look to SFH next week. Thank you!!!

@Jay Hinrichs thank you Jay! Very helpful!

@Richard Sherman...Thanks Richard, but do you see any room here with those prices for BRRRR? If I buy a property in this market do you think I'll have any equity in order to Refinance and do it again 6 months from now a year from now 2 years down the road? I know is hard to predict but just to have a better understanding. Thanks again!

Hi BP, This one is for investors that had purchased properties in last 2 years. How are you guys preparing for a possible market collapse?. For example in my area I've seen SFH the were sold in 2012-2013 for as low as 35k, now the same properties are been for sale for 160k/200k. With this inflation seems to me that there's not much room for this properties to increase their values and applying the BRRRR method. The market in my area is at the highest point since 2006. If the market crash again, those who are buying now will be in a pretty deel hole. Point is... BAD or GOOD time to invest in Real Estate RIGHT THIS MOMENT? Would like to know your opinions, thanks everyone!!!

@Jason Hirko, thanks Jason. I guess you're right.

@Michael Kistner thanks Michael, the problem would be that you might never know who funded that property, like who was behind the curtain.