It's still possible to BRRRR now, but the deal has to be muuuccchhh better and those are just much harder to find.People are still making it work in real estate though, primarily by getting more creative and often needing to add even more value to make the numbers work.

I have a deal on a triplex in Spokane, and i feel it is a good deal, does anybody have time to answer some questions?

It several more maintenance items to deal with, more then a well with a filter/softener.  

My Canadian partners and I bought a Class B 144 unit in Houston, Texas for 77k/door and we’re actively looking for another similar deal.

Still tons of deals that hit the 1% rule and positive cash flow here and you get amazing appreciation potential.

Whether that’s underwriting a few deals, reaching out to agents, or networking with investors, progress comes from momentum.Looking forward to hearing more about your journey!

The required POS inspections become one added layer to closing a deal, but as you’ve seen, some properties come with completed POS, while others require repair escrows that can add up to around 10-20k. 

I’ve been presented with this deal.

What made you interested in investing in this type of deal?

Is there another way to structure the deal with all 3 of us?