All Forum Posts by: Nicholas Smith

Thank you for the insight!

Hey all, I am really trying to hone in on calculating ARV's in my area. We are preparing to go after some BRRRR deals in 2025. Texas being a nondisclosure state makes things a bit more difficult when trying to get my own comps and analyze deals in my area. What are your tips and tricks for getting your best ARV's in Texas specifically?

Thanks in advance and happy hunting!

@Melissa Uppelschoten Oh okay that’s awesome. Thank you for the link. Was not aware this existed lol. I will definitely use this and start trying to get linked up.

@Annchen Knodt So my Aunt is actually a real estate agent. I bet I could speak with her and get linked up with people in my area who currently practice investing. I appreciate the advice.

@Jonathan Greene So the thing I really enjoy about real estate is honestly the potential cash flow and financial independence it can offer. Seeing cool houses and the rehab projects per house really interest me as well. I think the "was" to "is" look is really fun. Also the House Hack and BRRRR strategy is very appealing to me.

Yeah I’m not solely wanting to rely on OPM for my first deals. Some help is definitely something I want to look into, but I definitely want a good $20,000-$30,000 of my own to get started.

Yes, I don’t want to just keep studying deals online and over analyzing. That’s something I’ve read on BP that can make you back out of good deals by psyching yourself out. I give myself about another year before I’m ready to get my feet wet. Just studying as much as possible right now. I’ll be 30 in September and these last few months are the first time I’ve ever even considered real estate. Also the first time I’ve experienced a true form of financial education, as my family has a “poor” mindset. So I want to make sure I am A) Educated thoroughly, and B) Still interested after this educational period. But so far I find all of this incredibly fascinating and an amazing opportunity to achieve financial independence. Thanks for the reply.

Hello all, I am very new to real estate investing. I am saving some capitol, reading books, and slowly learning my local markets. I live in South East Texas, and have been trying to get a good grasp of the basics. What are a few good things to really pay attention to, when studying and analyzing good deals in my market?

Also, I bought 5 books recently from BP:

BRRRR, both Tax books, Real Estate book, and how to get started with little to no money down

What are your tips for starting up and attempting to use OPM or as little as possible? All tips/critiques welcome.