All Forum Posts by: Lou Benveniste

Quick update!
I have a property under contract that will cash flow right off the bat with little fix up BUT the plan is to move in for 6 months to a year while I make improvements.
It is a 2/2/1 with a great floor plan and can easily be converted to a 3/2/1!
Hope to close by 1/28/22 and find more.

@Patrick 

@Patrick Bavaro

That sounds like a great strategy. What are you using to estimate rentals prices considering these are new builds? I assume there are existing rentals in the area?

Thank you Shawn! Will look those up shortly!

Originally posted by @Chris Levarek:

@Lou Benveniste I also have a network/IT career which helped with my real estate journey. Great combination. The BRRRR can be difficult to pull off at present, yet there are still markets and properties it works with. I assume you want to reuse equity to scale faster?

We just bought a STR in Kissimmee, FL which is also another good option. Lot of demand in the STR realm. Happy Investing!

 Hey Chris,

Thanks for reaching out. I am finding that it is difficult to find properties to use the BRRRR method on at present. You are correct, Id like to reuse equity as much as possible. Will continue to look for and analyze properties and any tips are appreciated!

Originally posted by @Tyler Gibson:

Originally posted by @Lou Benveniste:

Hi Biggerpockets community! My name is Lou Benveniste and I'm just starting out (again) in real estate investing. I've owned single family rental properties in the past BUT am just now learning about, and from BP. I've learned about some of the mistakes that I didnt know I made when I owned rentals and am working towards getting back into investing. I'm currently working as a network engineer and would like to start replacing that income with financial freedom in real estate. There is a vast ocean of overwhelming information here and I think I'd like to start performing the BRRRR method/house hack strategy. If anyone in Orlando, Florida is interested in finding out if we might have a mutually beneficial relationship, please do reach out to me.

 Welcome! We have a great community of local investors here in Orlando. Let me know if I can help in any way. 

 Thank you Tyler, I sure will!

Hi Biggerpockets community! My name is Lou Benveniste and I'm just starting out (again) in real estate investing. I've owned single family rental properties in the past BUT am just now learning about, and from BP. I've learned about some of the mistakes that I didnt know I made when I owned rentals and am working towards getting back into investing. I'm currently working as a network engineer and would like to start replacing that income with financial freedom in real estate. There is a vast ocean of overwhelming information here and I think I'd like to start performing the BRRRR method/house hack strategy. If anyone in Orlando, Florida is interested in finding out if we might have a mutually beneficial relationship, please do reach out to me.