Hi everyone. I'm interested in connecting with any investors in the Baton Rouge area who have done one or more BRRRR deals. I would love to connect and learn more about what type of property others find best to use this strategy with in the area. Looking forward to hearing some responses
I haven't done a BRRRR deal yet, but that's an awesome method I'd love to use. Still trying to build up some capital by doing some flips first.
Following for others' advice.
I'm in the middle of one currently, still in rehab phase, not exactly a BRRRR because I bought it outright and secured a commercial loan on the property itself, but i would love to meet with some people in the area to bounce ideas off of.
Hello @Cameron Ysidron ,
I've done a few BRRRR's in Baton Rouge. Most of them have been on small multi-family and some single families. Feel free to PM me with any specific questions you have or post them here.
They have a Real Estate Investors meeting on the second Tuesday of the month in Baton Rouge at the Hyatt Regency on Bluebonnet. Pretty good place to meet other investors and pick their brains. Its on meetup. "RING" Real Estate Investors Networking Group.
And to piggy back on @Rip Rittell 's comment, this coming Tuesday will be one of the best topics and speakers you could ask for pertaining to this topic because one of our top local, investor-specialized title attorneys is speaking on lease purchase, owner finance and bond for deed, which are all strategies that can be used to facilitate step 1, the "B" in BRRRR with very little to even zero of your own money down to acquire the property.
What they said above. All previous comments are spot on. Just chiming in to say, I've done those too and I highly recommend Tuesday night's meeting too!