All Forum Posts by: Renee Stark

Thank you everybody for your advice! We are taking this all heavily into consideration. Our numbers for the property we had mentioned did not end up panning out after we did some more calculations, so we did not end up moving forward with it. The renovation was going to be far too expensive for what we wanted to do to it. 

The reason we are looking in Augusta at all is due to the lower cost of entry and it seems like it is a lot easier to find cash flowing deals out there. The vegas market leaves us far too upside down in terms of our ultimate goal of buy and hold investing. We are just trying to navigate our way to our end goal!

Once again I greatly appreciate all of the tips and insight you all provided! Thank you!

Hello! My husband and I are newbie real estate investors and looking to buy and hold in the Augusta area (although we live in Las Vegas). We are planning to use a little cash savings as well as our 90k HELOC to BRRR a property. In fact, we have one in particular in mind that our realtor gave us a tour of last weekend (flew out there for a quick trip). We have met with one contractor already, but are looking for referrals for any other reliable general contractors in the area. We want to get a few bids on the property if we can. Having to manage this renovation from afar, we clearly need somebody reliable, efficient and honest (although we are looking into hiring a third-party project manager who is local and can serve as our representative). Any recommendations are greatly appreciated!