All Forum Posts by: Nicholas Minich

Where is everyone finding properties to use this method on? The prices via MLS seem way too high. Any success stories elsewhere?

Hi all,

I'm looking at obtaining a long term rental, or a BRRR style home.

As I’m undecided, my biggest concern is understanding how to calculate the costs of repair to see if a deal is worth it or not.

I Personally would not be able to fix anything

Myself with my career.

With that information, could the BRRR method yield a higher ROI even if it's paid out of pocket ?

& if so, how do I even calculate what what repairs are needed.

First timer here… so any information helps !

@Chris Seveney

Appreciate the input here! I’ll get right into that

Hello all!

New to real estate.. put myself in a position where I’m able to buy a rental property ( 20% + closing ) every 13 months. Currently, I have the funds to start this venture into real estate. I am looking at prime areas & any success stories. I’m currently in the North East region of the Country , and was previously looking at 4 units in PA. Typical costs around 350/400k.

Any feedback/ things to consider before moving forward !

Any help is appreciated!!

Hello all

General question/ partnership/mentorship ( appreciated). 26 yr old starting out.

I have a specific loan that is a 30 yr line of credit. With the amount I make currently, I am able to FHA a house by the 3/4th month of the next fiscal year. From that point, I'm able to put down 20% of a (350,000) house - ( including closing costs) every 10 months or so.

Any advice in areas to look or what to look for? I feel I’m in a special scenario and would like to have about 3 properties by the end of 2026. Preferably 4 units per property.

I bought my house in NJ, but looking in the North Eastern Region of PA where I can gross 2k a month on a 4 unit property.

Any advice/guidance is appreciated. I am sure what the “ next steps “ would be AFTER finding the right property. Thank you!

Any success in the real estate market within Monmouth county NJ?

I’m trying to utilize 1% rule and it’s tough with current market 

New investor here. 26 with about 100k of cash to either put down to a single or multifamily house. 

From PA, my biggest challenge is using the 1% in these areas of Monmouth county. All home prices are extremely high. 

Would love to be able to secure a multifamily and live on one side. Want to make sure it’s possible from my end. Any recommendations on what approach to take when looking at these homes? And should I follow the 1% rule to see if homes are even worth it( only because house prices are very high)

I am gathering research in order to start investing in rental properties. I’m 22 and have saved plenty of money to start investing, but before I do I wanna be sure I know exactly what I’m doing. I see people talk about how they refinance their loans and I’m curious to how that all works.