Seeking investors in Augusta, GA

[Abhishek Ghuwalewala]

I'm a rookie looking to buy my first deal out of state. I found the Augusta-Richmond-Columbia county area attractive based on my market analysis. My strategy is to BRRRR but am also open to an attractive fix and flip. I'm looking to learn from investors who've been successful with this strategy in the area. Would love to connect and hear any advice you are able to share to help a rookie out.

Thanks so much in advance!

[Nadeem Alamgir]

Hey Abhishek welcome to BP! While BRRRR is a great long term strategy, it's one of the hardest ways to start, especially when doing it out of state. There are a lot of moving parts, rehab, financing, appraisals, and if you don't have a trusted team, things can go sideways quickly.

You might want to consider starting with a turnkey or light renovation rental that’s already tenant occupied or close to rent ready. It’s a safer way to learn and still build equity and cash flow. Once you have that experience and team in place, BRRRR becomes much more manageable. The out of state BRRRR buyers/flippers I work with have either a local partner or a solid boots on the ground network. Hope this advice is helpful.