All Forum Posts by: Takarra Fowler

Hi Takarra!

I am an Augusta agent and investor. I'm attending a REIA meet-up on Thursday 4/10. The event is available on eventbrite and I think it's around $25/ticket. I'll send you a message and maybe we can connect. It's always good to meet more local investors!

Jaime

Also, Terrance is 100% right. I've seen those pitfalls before and I've seen clients absolutely smash their goals. And please, please, please make sure to vet your contractor carefully.

Hi Takarra,

Within my 20 years of experience managing over 300 properties and doing 30+ BRRRR deals myself, I've found that it's a smart idea to focus on properties that build equity fast—especially early on. In my opinion, single-family homes tend to be stronger for comps and resale, especially in gentrifying areas, while duplexes are often better for house hacking than the BRRRR strategy.

My personal sweet spot has always been buying in the high end of the low-end neighborhoods—those spots where gentrification is already in motion. I stay away from condos and duplexes and instead stack single-family homes in areas with strong rental history over the past 5–10 years. That way, I can predict rent growth and time my cash-out refi better.

If the deal has enough equity, even if cash flow is a little tight at first, the BRRRR still works great. Just make sure you're setting realistic timelines, and use historical rent trends to estimate when you'll hit that break-even or positive cash flow mark.

Congrats on taking the leap—this is where it starts! Happy to connect if you ever want to chat strategy.

Jorge Vazquez

@Takarra Fowler Hey there, I can definitely give you local meetup recommendations.  You'd be surprised how active the local investor groups are in Augusta and the CSRA.  I always wish I could attend them! lol I actually live in Tampa but my main investing market is in Augusta.  I do go to one online meetup as well.  Feel free to message me and happy to help with any questions you may have!