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All Forum Posts by: Shane M.

Shane M. has started 4 posts and replied 4 times.

Post: How are those not doing rehabs coming up with money to scale?

Shane M.Posted
  • Rental Property Investor
  • St Petersburg, FL
  • Posts 4
  • Votes 2

Most advice given on this forum, books and other places about real estate investing all involve some form of rehab. Most recommend Brrrr type strategies in an effort to reuse as much as your initial capital as possible.


My question is for those using a long term buy and hold strategy that doesn't involve significant value add rehab, how are you scaling up? I can't seem to think of creative ways to finance these deals other than saving big chunks of money over a long period of time. Hard money is mostly going to be applicable to rehabs. A HELOC would require finding a property that cash flows a ton because you would still have to come up with a way to pay down the HELOC to reuse for future deals.

Post: Looking to connect with an agent in or near Muncie, IN

Shane M.Posted
  • Rental Property Investor
  • St Petersburg, FL
  • Posts 4
  • Votes 2

Looking to connect with anyone who acts as a real estate agent, investor, and or lender in the Muncie area. I am a potential OOS investor based in FL with a property in mind.

Post: Any insight into the Ft Myers, FL market for BRRRR or flipping?

Shane M.Posted
  • Rental Property Investor
  • St Petersburg, FL
  • Posts 4
  • Votes 2

I am in the Tampa Bay area and am new to investing. My area right now is just completely not feasible for me with limited capital and complete rehab job houses listing at 200K in C class areas. Ft Myers seems to have a lot better of a price point and is still drivable for me to do what little work I can accomplish on my own and to even feel comfortable self managing if it becomes a BRRRR. Anyone in this market have any insight for a newbie that has time to chat?

Post: How do you determine neighborhood ratings?

Shane M.Posted
  • Rental Property Investor
  • St Petersburg, FL
  • Posts 4
  • Votes 2

I'm familiar with the traditional A, B, C neighborhood ratings but how do you determine what a neighborhood is rated, especially for long distance investors who have no knowledge of the area you're looking at properties in?