All Forum Posts by: Pete Abilla

I'm looking at cash flow markets (ex: Cleveland) & have a few BRRRR opportunities in Class C neighborhoods. In low appreciation markets, how effective is BRRRR? I'm particularly curious (concerned) about the refinance step.

For example, suppose a house in a class C neighborhood sells for $50,000. Then Rehab of $10,000 with an avr of $60,000. 

In class C and a low appreciating (but high cash flow market), will that property appraise for a meaningful amount above ARV? Enough to get my initial capital of $50K out? Or even all of it?

@Kimberly Smith where did you do this brrrr?

@John Collins good checklist. Do you share this checklist with your inspector?

Considering a few turnkeys and Brrrr properties, but have never managed a brrrr long distance (across the country). Any advice?

I want to be like you when I grow up.

@Matthew Von Dwingelo super educational. Can’t wait for part 2!

@Scott V. What’s the car?

Hey all - I'm curious to hear your experience, opinion, and thoughts on buying tenant occupied properties with section 8 tenants? What are the pros/cons? Worth it?