All Forum Posts by: Richard A Young

Hi Everyone,

Buy, Rehab, Rent, Refinance, Repeat! Have you heard of BRRRR? What is it and why is it so important? How can I execute this powerful strategy? The Almost Friends RE Group would like to invite you to a great discussion of BRRRR presented by our very own, Dustin Blackmon and Manaia Alalamua.

We will be having our Monthly discussion and Networking at:
Hops and Hounds
13838 Jones Maltsberger Rd, San Antonio, TX 78247

Dustin Blackmon is a rehabber and RE investor, working primarily in the Cibolo & New Braunfels area. He and his wife Cathleen, a mortgage broker herself, purchases homes for renovation-to-sell (flips) or renovation-to-rent. Manaia Alalamua is a rehabber and RE investor as well, focusing primarily in the San Antonio area. He has worked in the construction and appraisal industries in Hawaii, and is now expanding his portfolio here in San Antonio. Please respond to this event if you can make it. Hope to see everyone there!!!

Hey Paul, I'm confused by the calculator report. The ARV is basically the initial cost. Uncertain what part of San Antonio this is, but your vacancy, repairs, and capEx seam low...especially if your are not going to be doing any rehab work (assuming this place at that price needs work). With that, are you sure you are able to get financing after 1 month? I'm sure there are other investors who have more experience than I to help you. Just don't want you to get burned.

Congrats Stone!

For all the real estate investors in the San Antonio area, figure I would share the info in the below articles.

https://www.connect.media/cisc...

https://www.bizjournals.com/sa...

Wow, thanks for sharing. 

Cash for sure.  Working on the learning piece.

@Jay Cooper

Hey Jay, looks like you are set to have a great start!  Certainly interested in connecting!