Most good BRRRR value-add improvements are taking something nonfunctional or significantly distressed or dated and making it decent and more modern.

I thought I would ask the BP community, what are the best sites you've found to locate properties of distressed owners to begin contacting?

Choose Your Real Estate StrategyRental Properties: Purchase properties to rent out for consistent monthly income.Fix and Flip: Buy distressed properties, renovate them, and sell at a profit.Wholesale: Contract properties and sell the rights to buy them to other investors.Real Estate Investment Trusts (REITs): Invest in publicly traded REITs for passive income without direct property ownership.5.

A business partner and I are working together to start investing in distressed properties with the goal of eventually flipping and renting apartments.

You might have to start small, however, I know a builder here in Charlotte, and he said a builder should make about $40-$50k per house, and I think that might be around a 20% margin so figure that in as well and compare it to your market.If the ad business is running on auto pilot I'd keep that going for additional cash flow.You can also look at buying distressed properties and revamping them to BRRR or Flip, again, since you have a great construction background.Rentals and STRs can produce $30k net a month, however, it might take a number of them.

knowingly not having it under contract.Instructing investors to set up fake ‘tax relief’ companies In order to intentionally & maliciously misrepresent themselves to tax delinquent distressed homeowners.

Great money for those who work hard doing private deals and then also gives you insights for off market deals and distressed deals. 

However, I was weak in my negotiation and convinced myself into a bad deal. 3) If your acquiring a distressed property with tenants, overestimate your rehab budget.

If you want it to be a distressed/motivated sellers, it needs to be closer to 200-300 people, maybe more in some markets.2) That's why lists like those already mentioned are important.

However, I was weak in my negotiation and convinced myself into a bad deal. 3) If your acquiring a distressed property with tenants, overestimate your rehab budget.