All Forum Posts by: Scott A Holman Jr.

Found a home in Phoenix, purchase would be 580k, arv 750k; I'd probably need to put 75k+. I'm thinking I'd need a financial partner for the repairs, as I can finance the purchase myself. I'm pretty handy and plan on doing some of the work myself. Not sure if I'll BRRR it or airBNB or wholesale it. I've got a steady income over 6 figures, What should I do?

Found a home in Phoenix, purchase would be 580k, arv 750k; I'd probably need to put 75k+. I'm thinking I'd need a financial partner for the repairs, as I can finance the purchase myself. I'm pretty handy and plan on doing some of the work myself. Not sure if I'll BRRR it or airBNB or wholesale it. What should I do?

@Bridger L Logan! Oh man!! I’m literally under contract to do this in the next 30 days in Scottsdale. I’d love to hear how your experience goes. 

@Mike M. Thanks. I could meat you at Maverick Coffee on Shea and Scottsdale Rd.

As far as golf goes, I measure my games in how many balls I lose in the desert but I’m always ready to have an adult beverage on the front 9 and back 9.

Hey BiggerPocketers!

My wife and I are interested in building our real estate portfolio staring from zero. We’re in Phoenix/Scottsdale area and I had the idea of killing two birds with one stone, mainly to wet my wife’s appetite for money, income, and FI. I suggested to her that we buy a home for her father (my father-in-law), have he and I do the rehab, and he’ll live in it after rehab, we should be able to get a small amount of cash flow once done. Alternatively, buy a fixer-upper, rehab it, then 1031 the profits into something nicer for him. I have lots of ideas but no real direction. Help?!?! Don’t know where to start. Where are there opportunities in out “hot/inflated” market?

So much appreciated,

Scott