All Forum Posts by: Bryce Fortner

I'm new to real estate investing, and am looking to BRRRR my first property in the Memphis, TN area. I would be able to pay up to about $80k cash for my all in costs. If you have any good leads or know of somebody who might, let me know! Thanks

Thanks Jovon. It's hard to tell what a deal looks like when you're starting out, so having somebody else confirm it is encouraging

Thanks for the reply. This is a BRRRR, so the $36/month in cashflow is only during the initial acquisition. Once the house is refinanced after a few months, it will cashflow about $200/month

I'm just wondering if there is some kind of software available to pro members where you can input information about each of the properties that you own, and see how they are performing. I seem to remember Brandon Turner introducing this at some point and I think he even made a video about it, but I can't seem to find anything like this on the website

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Hello Bigger Pockets community. I am getting ready to make my first deal and ran this analysis on a property I am interested in. Give it a look and let me know if you think it's a good deal, a bad deal, or if I need to adjust my offering price. FYI, the actual purchase price here is $50,000, but I am also including a $10,000 rehab and other closing costs and fees ($4,000) in the original purchase price because they will all be included on the HUD and funded by a line of credit at 10% interest. What do you think?