Analyzing a potential flip
3 Replies
Jordan Fejeran
posted about 2 years ago
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!!
Andrew Zannotti
from Killeen, Texas
replied about 2 years ago
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
Jordan Fejeran
replied about 2 years ago
Thank you Andrew! I will definitely look for it!
Andrew K.
Rental Property Investor from San Antonio, TX
replied about 2 years ago
@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