Quote from @Chris Brewer: View report*This link comes directly from our calculators, based on information input by the member who posted.Hey @Chris Brewer, welcome to the BP Forum!

I’m based in Atlanta, GA, and currently exploring passive real estate opportunities in the area.

Yes we tried everything, and Yes I know now that wasn't the best play haha. 

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

Help your clients write smart offers based on #4.

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.

I think in this instance it would be better to do one investor per deal rather than doing it as a fund and hypothecate each deal as it comes along. 

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.

Plus I just hit “Mark as played.”

Hi Derek,Based out of Surrey, BC and thinking of investing in the states as well.