What are the comparables in your market doing at your expected price point?

The money partner on these deals will bring in about $35,000 to $50,000 for each deal and the expected IRR is around 25%-35% each year for the 3 year period essentially doubling their money in 3-4 years.So rather than focusing on picking up a couple of coaching clients this year, I think I am just going to focus on finding money partners to buy deals with.  

I expect to get $2,200 a month for rent and will manage it myself.

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

While it may seem daunting at first, beginning with a clean slate allows you to establish clear expectations and build a strong landlord-tenant relationship from the outset.

The more properties you acquire and refinance, the greater your returns can be.Potential Risks and ChallengesWhile the BRRRR strategy has great potential, it’s not without its risks:Unexpected Renovation Costs: While you may expect to rehab a property for a certain amount, surprises can arise, especially with older homes.

Expect property inspector to investigate rehab performed was good, alongside general property inspection.Can a BP member please recommend a good inspector along with what I should expect to pay for the service.Thank you

I expect to outperform these numbers.

Between the pedestrian bridge and The Pearl, this area is expected to have huge growth in the next 10 years!