Most cities across the country are actively looking for ways to solve the affordable housing crisis.

I'm a rookie investor who has come across a deal that seems to work well, but I could use some assurance or advice.  Here's the sitch...I come upon a property in Alabama from a wholesaler for 37k.  Rehab estimate is 2...

It sounds really good and it excites the mind because you're going to get a business that's going to borrow the money but in practicality I just don't see it in the market like what they say it's going to do for you.A lot of times what you get with these gurus and these educational programs that you spend thousands of dollars for or that local ria rep who's going to tell you that he's the king or the or she's the queen of something all of these methods that they're using you got to remember they're on the circuit to make money and they're not making it because they're executing on their strategy they're making their money because they're selling you on the strategy.

Whats the best method for calculating accurate repair costs?

@Andrew Semler Communication Skills (networking and negotiating), Math (underwriting deals), Critical thinking (for solving problems or "putting out fires"), mindset (for the inevitable ups and downs of real estate and entrepreneurship),  and economic competency/financial literacy (for understanding how the bigger picture concepts and current economic trends will impact your specific business). 

What website or method do people use to find quality roommates nowadays?

You will have to use Luke's Enemy Method, where you analyze the competition, for that. 

Am I off base thinking this would similar to BRRRR method in that I am not necessary buying fixer upper under market for value-add.

I will use the phone - bid method since I've been having a hard time getting documentation from these companies I appreciate the help!

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All,I am a newbie trying to learn more about the BRRRR method and applying the principles towards a real project.