But Texas is very solid and will not fall dramatically like some other parts of the country will.

The whole idea behind BRRRR is that you pull equity out of the deal after a rehab is complete and you've boosted the value of the place.

Depending on the color of the shingles you can compliment that with whitewashing the brick as described before and you may dramatically change the look.

Either they are about to change their lifestyle dramatically or the leopard won't change his spots...

Yes this will be a primary residence but I plan to keep it for a long time as a buy and hold or possibly sell if the market price rises dramatically to give me more cash for more properties.

Also, that having a proven, easy-to-follow step by step process will speed your learning curve dramatically.

I've been analyzing lots of deals lately and the main thing I'm focused on is cash flow, for example I find a deal that is cash on cash of 13% and say to myself that its better than the stock market etc.however when you add the debt pay down into the equation, the net benefit is increased dramatically, here is a calculation I did, no crazy expectations, everything increasing at 2.5% annually.after a year I cashflow $2,850 however I've also gained 2,124 in equity, totaling 4,974. so in reality my actual return is much greater 12.20% cash on cash - (2124 equity after a year and as a percentage of the 22250 paid = 9.54%9.54% + 12.20% = 21.7% so really I am making a 20% return on my investment.why doesn't everyone do this calculation?

I see a dramatic change and shift in the low end market since this time last year.

It will dramatically change your life IMO if you act on what he talks about.

I understand that this won’t be easy, and my lifestyle may change dramatically.