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All Forum Posts by: Ben McFarland

Ben McFarland has started 5 posts and replied 24 times.

Post: Deal Analysis Help Please

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

Well seller wouldn’t budge below $43,500 so I walked away from the deal. Will continue to look, thanks again everyone for all the help.

Post: Deal Analysis Help Please

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Zach Rucker Thank You!! I appreciate all the information. That makes much more sense now.

Post: Deal Analysis Help Please

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Zach Rucker yes I’ll be self managing it’s the first property so I will manage it myself. I have family that has multiple rentals that I will use for information and assistance.

Post: Deal Analysis Help Please

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Zach Rucker ARV will be 85k, rental rates in the area are 750-850. Don't have the data on rental vacancies, according to agent rentals fill up quickly in town. Not sure if mortgage will probably refi once it is rented if the numbers make sense.

Post: Deal Analysis Help Please

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Melba Chambers I looked at it and tried but wasn’t sure what I was doing. This is the first deal I have really worked on analyzing. What other information would be helpful?

Post: Deal Analysis Help Please

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

I am looking at a small house to BRRRR. They seller is asking 45k need 30k in rehab. Rent in the area for like houses would be $850. Altering looking at things considering cash offer if 35k for property. Taxes and such very cheap in the area. What's your thoughts?

Post: Firefighters and First Responders in Multifamily

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Hud Floyd I’m a paramedic in Oklahoma. I currently manage 2 air medical bases and working in buying my first deal.

Post: Introduction from Oklahoma

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Deone Doctors

Right now just looking for good deals we can flip for a small profit. I have been listening to all the podcasts and would like to do a BRRR deal soon.

Post: Introduction from Oklahoma

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

@Cassi Justiz

The first one we are finishing is in Shawnee. We are looking for a good deal in the Tulsa area. My mom did the first one with my brother in law. The rest I will be highly involved in working the deals.

Post: Introduction from Oklahoma

Ben McFarlandPosted
  • Real Estate Agent
  • Broken Arrow, OK
  • Posts 24
  • Votes 9

Good evening everyone! Brand new to the Real Estate business. Currently working on obtaining my Real Estate License. Also working on doing some house flipping in Oklahoma.

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