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19
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20
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Bryan Venable
  • Rental Property Investor
  • Boulder Creek, CA
20
Votes |
19
Posts

Looking for a market to apply BRRRR strategy

Bryan Venable
  • Rental Property Investor
  • Boulder Creek, CA
Posted May 4 2018, 16:37

Hello BP community!

My wife and I are excited to start our first deal; however, I am having analysis paralysis with choosing a market. I just had many of my limited believes around needing to invest locally removed by reading Long Distance Real Estate Investing by David Greene. My next most important step is to start getting leads to analyze but I'm having trouble deciding on a market. The United States is just so BIG!

We want to use the BRRRR strategy and are looking for single family residences or small multi-family residences that will have an ARV around $100K-$150K as we have around $20K-$30K that we are willing to bring to the deal.

What cities/neighborhoods have you had success with the BRRRR strategy around that price?

I am hoping to get at least 5 locations from this discussion that I can start looking for deals in.

Thanks so much for your help,

Bryan

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