Analyzing a potential flip

Analyzing a potential flip

Member since 2018 · 2 posts · 0 votes

Hello! Total newbie here. I am looking to invest in the future when my husband and I move (he’s in the military, waiting for orders about when and where we will go.) I know Fort Bragg is an option so I’ve been looking at some homes up there. I don’t know how to analyze what would make a good potential flip? What kind of numbers or factors do you look at to see if it will be a good deal or not? I’m mostly playing around with numbers just trying to get the hang of how to analyze. Any input/suggestions/advice would be greatly appreciated!!

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  • Killeen, TX · Member since 2017 · 127 posts · 91 votes
    7y

    Jordan, I don't know what episode it is but there is a Podcast about someone that uses the BRRR strategy in Fayetteville, NC and he talks about his strategy in regards to numbers for the area. It's one of the ones from the last few months, hopefully of you find it it helps.

    Andrew

  • Member since 2018 · 2 posts · 0 votes
    7y

    Thank you Andrew! I will definitely look for it!

  • Rental Property Investor · San Antonio, TX · Member since 2011 · 266 posts · 158 votes
    7y

    @Jordan Fejeran, the podcast episode @Andrew Zannotti mentioned features @Alexander Felice. He's on episode 301: https://www.biggerpockets.com/renewsblog/biggerpoc...

    Alexander is crushing it in Fayetteville! I've been meaning to pick his brain more about his strategy, you'd do well to reach out also.

    Best of luck in 2019!

    -Andrew

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