All Forum Posts by: Reeves Bennett

Hey BP Community,

I’m working through a potential solo deal and would really appreciate some feedback before I move forward. My background is in flips and some rentals, but this would be my first hybrid play combining buy-and-hold rentals with a land development exit.

Here’s the situation:

Deal Summary:

• Purchase Price: $400,000

• What’s Included:

• 2 single-family homes

• 20 total acres of land (17.5 acres planned for rezoning)

• Location: Arkansas: growing market, near highway access, with strong potential for commercial or industrial rezoning

• My Plan:

• Hold both homes as long-term rentals

• Rent #1: $1,350/month

• Rent #2: $1,500/month

• Estimated equity in each home: $60K–$75K

• Rezone the 17.5 acres, clear it, and sell it for profit

• Ideally recoup most of my cash while keeping the rentals and possibly creating long-term upside on the land sale

My Financial Position:

• Cash Available: $120,000

• Additional Asset: Separate clear land valued at $110,000 (fully paid off — potentially usable as collateral if needed)

• I’m trying to structure this deal creatively so I minimize cash out of pocket and maintain liquidity for future investments

What I’m Asking:

1. Would you take this deal solo? Why or why not?

2. What’s the best financing or leverage strategy here to avoid tying up all $120K?

3. Anyone with rezoning experience, what’s your real-world timeline and cost?

4. Would you sell the 17.5 acres as one parcel or subdivide for a higher return?

This feels like a strong mix of cash flow, equity, and forced appreciation, but I want to make sure I’m not missing a smarter structure or hidden risk.

Appreciate any insight, especially from anyone who’s done similar land/rental combo plays or zoning upgrades.

Thanks in advance!

Hi Everyone,

I just wanted to take a moment to say thank you for sharing such thoughtful and detailed advice about scaling with the BRRRR strategy. I'm blown away by how generous you all were with your time and insights.

Hearing your real-world experiences with financing, managing projects, and navigating today’s market gave me so much clarity. The candid advice about balancing quality, building the right team, and adapting to challenges really hit home. It’s reassuring to know there’s a supportive community of experienced investors willing to share their hard-earned lessons.

I’ve taken a ton of notes and feel much more prepared to move forward with a smarter, more intentional approach. I look forward to learning more from all of you and contributing in return as I progress in my real estate journey.

Thanks again!

Best,
Reeves Bennett
Bennett & Co. Properties | Bennett & Co. Investments

I'm looking to scale my real estate portfolio using the BRRRR method but want to understand how investors manage to do multiple deals in a year. What are the best strategies to fund and execute several BRRRR projects simultaneously while waiting for refinancing to free up capital?

I’m particularly curious about:

1. Financing Options: What types of loans or funding sources work best when scaling quickly?
2. Project Management: How do you manage timelines and avoid bottlenecks when handling multiple rehabs at once?
3. Lender Recommendations: Are there specific lenders or programs that work well with investors focused on multiple BRRRR deals annually?

I'd appreciate any advice, tips, or personal experiences from those who've successfully scaled using the BRRRR strategy. Thanks in advance!

Hey everyone,
I’m running into a challenge with selling my property and would love to get your feedback. The house is 3,700 sq ft and currently listed at $108/sq ft, which is well below the $135–$155/sq ft range for other homes in the neighborhood. Despite the competitive pricing and the fact that it’s been completely remodeled (new roof, HVAC units, windows, floors, appliances—you name it), it’s still sitting on the market.

I’m trying to figure out how to get this property to sell faster while still turning a profit. I realize being the largest house in the neighborhood can be a drawback, but I thought the upgrades and price point would offset that.

Does anyone have tips or strategies for marketing a property like this? Or ways to address the “biggest house in the neighborhood” issue? I’m open to any advice you can offer!

Thanks in advance for your help

Welcome, Jeremy and Penny! Wow, your background and vision are incredible. Jeremy, your experience as a military civil engineer and project manager is so impressive—I’m sure all that expertise will be a huge asset as you dive into commercial real estate. And Penny, the work you do as a social worker is so meaningful. It’s clear you both have such a passion for serving others, and I love how that’s at the heart of your real estate goals.

Your plans for 2025 and beyond are so inspiring. Building a portfolio, starting a property management company, and creating a non-profit focused on affordable housing and financial education—what a powerful way to give back to your community! I have no doubt you’re going to make a huge impact in the Springfield and Hartford areas, and I can’t wait to see you grow.

This is a great place to connect with people who share your values and goals. Don’t hesitate to reach out if there’s ever anything you need or want to chat about. Wishing you all the best on this exciting journey—and happy holidays to you both!

Hello @Ava Petruso,

Welcome! It’s fantastic to have someone with your level of experience and passion joining the investment space. It sounds like you’ve already built a strong foundation in real estate as a high-volume realtor, and your enthusiasm for your first fix-and-flip is inspiring. That “DIY spirit” and willingness to dive into hard work will undoubtedly serve you well as you grow your portfolio.

This is a great space to connect, learn, and share experiences. No question is ever too small or “stupid” here—curiosity and determination are key to success in this business. Looking forward to seeing your progress over the next few months and beyond. Don’t hesitate to reach out if you need insights or just want to bounce ideas around!

Hi @Savannah Holzer,

Thank you for the welcome! I’m looking forward to connecting with other flippers and learning from their experiences.

I haven’t invested in areas like Little Rock or Fayetteville yet, but I’ve been seriously considering starting. Both markets have a lot of activity and seem to offer great potential. It’s always helpful to hear what others think about these areas—do you have any experience with them?

Thanks again for reaching out, and I hope we get the chance to connect more!

Hi @Jaycee Greene,

Thank you for the warm welcome and the compliment on my name! No relation to Stetson from UGA, but I’ll take the connection as a compliment.

You’ve posed a great question. One area I recognize I’m lacking in is networking. I joined BiggerPockets specifically to address this and to build relationships with people from diverse backgrounds and locations. Expanding my network is a priority, not only to find new opportunities but also to eventually be in a position to provide those opportunities to others.

I know that scaling a business requires collaboration with others who can bring expertise in areas like financing strategies, legal structuring, and scaling operations. I’m open to learning more in those areas myself but would welcome the opportunity to bring talented individuals onto my team who can fill those gaps as well.

I’m looking forward to learning from and connecting with this community. Thanks again for reaching out!

My name is Reeves Bennett, and I am a real estate investor and entrepreneur based in Wynne, Arkansas. I specialize in building and flipping properties, focusing on transforming houses into beautiful, functional spaces that create value for buyers and investors alike.

With several years of experience in real estate, I’ve developed a strong foundation in market analysis, design, and project management. I’m now venturing into new opportunities to expand my expertise and grow my portfolio.

I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers. Whether it’s discussing investment strategies, flipping, or exploring collaboration opportunities, I’m excited to engage with you all!

Looking forward to contributing and learning together.