All Forum Posts by: Maurizio Menendez

@Aaron Flake Thank you for the information! I will start taking a look at foreclosures as well.

@Matthew C. That is very interesting and makes quite a bit of sense. Thank you for the site recommendation, I will take a look into it

In my search I have found some good properties that are undervalued due to poor conditions in great locations, but these are not house, rather apartments. Whats your opinion on doing BRRR with apartments in small buildings instead of standalone properties? Can it work? does it behave the same way? Thanks a lot guys!

@John Thedford Thanks a lot, I will try on CL and see what I find!

@Brian Garrett Thanks for answering, I really appreciate it. That is an interesting insight, related to the rate hikes and foreclosure increase recently? What will be your approach in the market we are in? 

Very curious. What are your point of view of Foreclosure properties? 

Hello guys!

Long time reader, first time poster. I have been looking for rental real estate for a long time, but for several personal reasons did not have the opportunity before. I am ready to proceed and my goal is to acquire my first property in the next following months. My location is south Florida. 

I would like to follow the BRRR technique. Therefore, buy a fixer upper, repair it and rent it. I do have enough cash at the time so I would buy the property in cash, repair it and do the refi right away. I was looking to start with a duplex. In terms of money I was thinking buying+repair <= 120k-150k.

I am having trouble finding any deals online. Can anyone please help me, any advice is welcome. I am using several websites like Zillow and realtor. I would also welcome any leads!

Thanks a lot! Looking forward to interact with everyone here more in the future!