Updated over 1 year ago on . Most recent reply
Where to invest using BRRRR Strategy
Hi all! I live in Florida and willing to move to whatever city I can implement BRRRR estrategy, here in Miami doesn't seem possible. Was thinking about Baltimore, Maryland or Jasksonville FL. What do you guys think? Any suggestions and recommendations are very welcomed and appreciated!
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The Midwest in general is beyond silly in getting good deals. I run into properties with 300-400% ROI on a regular basis. I can't rehab them fast enough. You can't really look at the ones the realtors have since they overprice them hard trying to raise the value of stuff, but They are selling for a lot less than people think. Sub 100k is pretty common still. Rents are obscene in my area near Traverse City. 1br1ba's are pretty much a guaranteed 1k a month. I tend to go with 3b2ba's and I get about $1500 a month minimum. The fair market rents are crazy high. I hear Wisconsin is even better.