And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Typically, since I'm well connected because of flipping, HVAC, roofers, lawn care, carpenters, kitchen & bath & plumbers and electrical all are good sources.

Several key factors contribute to Buffalo’s sustained real estate prominence:1.

the key thing for a BRRRR is: can you increase the ARV significantly enough with the rehab?

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

If you can, bring a contractor or inspector when you check it out to get a clearer idea of what you’d be dealing with.It sounds like you’re doing your homework, which is key!

My point being, having a reliable team here is a must.Dialing in on what class neighborhood and what kind of property you want is as key as your metrics, especially given that much of our housing stock is ~125 years old --- at least in the city.

Understanding how to source potential deals can be a game-changer.

Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

Basically what I'm talking about is cash reserves, or a tappable cash source to weather out the storms that come with the ups and downs of the market over time.Just my 2 cents!