All Forum Posts by: Drago Stanimirovic

Welcome, Lee!

Sounds like you’ve got the right mindset and a clear game plan, great foundation for long-term success. OKC has solid potential for rentals and BRRRRs, and your hustle will take you far. Keep networking locally, and don’t be shy about offering value first, shadowing, deal support, or just showing up consistently goes a long way in attracting the right mentor.

Wishing you all the best on that first deal, you’re on the right track.

Welcome, Sushree!

Great to hear you're going into BRRRR, Midwest has solid options for that model. Markets like Indianapolis, Kansas City, Cleveland, and parts of Michigan (like Grand Rapids or Lansing) have been strong for BRRRR in recent years due to affordable entry points and decent rent-to-price ratios. Focus on areas with stable job growth, low vacancy, and investor-friendly laws.

Looking forward to your other posts, this is a great space to learn and connect.

You're asking all the right questions, Julia.

The 15% O&P is standard and usually applies to labor and subs, not materials you’re buying. Since it wasn’t in the original budget, it’s fair to revisit total costs before signing. Payment schedules often follow progress milestones (like 30/30/40), and sub budgets can shift if scope or prices change, so make sure that’s all clearly written into the contract.

Sounds like a great first project, trust your instincts.

Welcome to the group, Shawn!

Sounds like you and your wife have a solid start with both flips and rentals under your belt. Missouri has some great markets for long-term investing, and this community’s a great place to keep learning and connecting with like-minded folks. Looking forward to hearing more about your journey!

Welcome, Paul and wow, 40 years in NYC multifamily is a serious legacy.

Sorry to hear about the regret with DSTs you're definitely not alone. They can be appealing for 1031 deferrals and passive income, but the lack of control, fees, and limited exit flexibility catch many seasoned investors off guard.

Hey Ben,

Transferring to your LLC likely won't trigger capital gains if you're the sole owner, but some counties may treat it as a taxable event, check with a local CPA. Also, lenders may not allow the transfer during or right after a refi, so confirm their policy first. You're right that LLC ownership is safer than personal name, but multiple properties under one LLC still carries some risk.

Welcome, Sergey!

Great to have you here. Southern California is a competitive but rewarding market, smart move starting with rentals. Feel free to ask questions anytime, especially around financing, deal analysis, or market strategy. If you ever need help running numbers for your first deal, I’m happy to help.

Hey Roy, great to see you getting started with a clear plan, Columbus is a solid market for BRRRR, but it's very block-by-block. Some areas look great on paper but can have tenant or rehab surprises, especially with older homes.

Having a local team you trust agent, contractor, PM is critical. Happy to help you run numbers or structure your first deal.

Drago

Hey Oleg, welcome to the community! Great job jumping in with a solid deal, buying at $142K with a $300K ARV and targeting $3K/month rent is strong if the rehab supports it.
Let me know if you need help running the numbers or getting funded. Best,

Hey Nick,
We can definitely help, as we have extensive experience with multifamily properties and creative financing solutions. I’d just need to know more about this project, feel free to reach out directly so I can assist you in the best way possible. Regards,