Bought this first property close to my house.

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.

I bought 11 houses in the last year that cash flow well.

.: I just bought a 2016 house that has a few missing shingles. 

In 10 years, you'll be kicking yourself for not buying double the number of homes you bought.  

So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak of market craze at 5% 30yr fixed for around $540k (spent about 10K more replacing hvac etc) with monthly payment of $3600-$4000 and the market corrected sharply to a point comparable homes are not selling even for 440k with a nice pool in them.

I am currently at a 6.65% rate and I had the opportunity to get a 5.125% rate via refinance when I bought points through conventional refinance.

Randy  I bought it in February 2023 and this is my first property. 

You bought a falling knife, if not two.

I just bought a wyndham timeshare like this for about $1400 all in with closing costs and transfer fees.