Hi All, I have been looking for my first multifamily deal, after listening to multiple BP podcasts I am convinced that the only way to find pocket listings is through brokers, but I am not sure how to approach one without any deals under my belt. 

Hi All, I have been looking for my first multifamily deal, after listening to multiple BP podcasts I am convinced that the only way to find pocket listings is through brokers, but I am not sure how to approach one without any deals under my belt. 

It's great to hear that the method works and can be used for multiple properties.What's the thing you remember most about investing in the first property?

I'm curious about using the BRRRR method and how the bank preapproves an investor with multiple mortgages.

Subtract rehab costs from ARV, then multiple times 70%.

Because if you pay cash for something, and need to pay it back, you want to buy it cheap enough where you can get a "cash out refinance" on the property after you fixed it up.Let's pretend your numbers are real.If ARV is $600,000 and you generally follow the 70% rule, you multiple 600,000 by .70 and get $420,000. 

McPherson/Perry Studios), but if your job is up northside, Marta doesn't help much w/o depending on multiple bus transfers to the train.

Granted, I’m new to AirBNB but have done a ton of research into short-term rental and can offer some tips on dynamic pricing, calendar and property management, if you’d like :)What I’ve done is watch TONS of BP podcasts multiple times, signed up for a membership so I can use their calculator software, bought some books and done some networking...

Moreover I have multiple units throughout the city for years, none with a single issue. 

We have one client who demo scope of work usually entails about 2-3 pages it is so detailed.The next item is asking the right questions and get multiple references.