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All Forum Posts by: Ryan G.

Ryan G. has started 2 posts and replied 4 times.

Post: Top Markets for BRRRR 2024

Ryan G.
Pro Member
Posted
  • Investor
  • San Francisco, CA
  • Posts 4
  • Votes 20
Quote from @River Sava:

Have you explored surrounding Charlotte, NC areas? A lot of pockets with BRRRR potential.


I haven’t. Do you have any investor friendly agents that I should talk to? 

Post: Top Markets for BRRRR 2024

Ryan G.
Pro Member
Posted
  • Investor
  • San Francisco, CA
  • Posts 4
  • Votes 20

Thanks for all the feedback, looking in to all of these markets now.

Post: Top Markets for BRRRR 2024

Ryan G.
Pro Member
Posted
  • Investor
  • San Francisco, CA
  • Posts 4
  • Votes 20

Hi BP, 

Based in CA and gearing up for my first BRRRR (remotely). I'm in the process of choosing a market to focus on and wanted input on strong BRRRR markets right now. Looking for your suggestions.

I'm aiming for the best shot at getting as much money out of the deal so I can do several more. Specifically, eyeing entry-level markets with all in purchase + rehab between $80k to $170k.

What markets do you think I could maximize the likelihood of recouping most, if not all, of my cash? I’m in discussions with teams in Memphis and Detroit, but I'm still open to exploring other markets before making a final decision.

Thanks in advance for any suggestion and input.

Post: BRRRR in Memphis from long distance.

Ryan G.
Pro Member
Posted
  • Investor
  • San Francisco, CA
  • Posts 4
  • Votes 20

First post on BP, hi all.

I'm engaging Memphis agents so I can attempt a first BRRRR. This will be a long distance BRRRR (I'm located in California).

I've got 8 turn-key SFRs but now want the money to work harder.

Do out of state BRRRR investors have tips on getting started and/or pitfalls to avoid?

Memphis investors, is it realistic to expect deals where I can buy a SFH for $100,000, spend $40,000 on renovations, and then have it appraised for $170,000+? Trying to start small, learn the process, then do a few of these a year if it's successful.