Over the last year, we noticed a few key trends worth highlighting:Market Recovery Signs:Loan volumes reached $539 billion in 2024, up 26% year-over-year.

Quote from @Feroz Penangwala: Hi everyone, I’m curious—how many of you are actively closing real estate deals right now?

To find someone, I’d start by reaching out to local rehab centers or recovery organizations as they often know operators who are looking for housing.

@Joseph M. prices have certainly gone up with the rest of the country through this great recovery since the financial crisis.

If you plan renting out this property, that cost recovery comes from cash flow (equity doesn't count). 

What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.

Material participation in the rental activities still required. 

I don't know if you have ever been sued, or sued anyone, but I have and in court *nothing* is clear cut, including recovery of legal fees, which is why everything can be appealed and often is.

We would like for the investment to be treated as active, of course.

I’m actively seeking to purchase either a multi-family or duplex unit in the Columbus area  for a medium rehab project.