All Forum Posts by: Ricky Hudgins

Dave Meyer did an excellent video for BP on YouTube for this very topic; multi family units. I would suggest starting there. The calculators available on this site are good tools also.

Two things; why limit the population of your customers, and why post a target for vandals on your property?

I just listened to one of the BiggerPockets podcasts and I've noticed that more than one guest has said not to pay for a mentor. They have said find a person at local real estate investors associations and meet people that are doing what you want to do and bring them in on deals and have them mentor you through partnerships. All the guest speakers I've heard on the podcast have said that you need to bring value to your mentor but not straight up buying their program.

How much money did he put into the rehab? There's a lot of wiggle room for profit between $40k and $143k.