The MLS Search & Analysis Show | 3,001-3,050

During the 3,001st episode of The MLS Search & Analysis Show, I break down a dated University Heights duplex that could become a strong BRRRR deal if we can buy it far enough below the seller’s asking price. The property is in an A-grade Cleveland-area neighborhood, but the kitchens, bathrooms, and finishes are stuck decades in the past. My target is around $250,000, followed by roughly $40,000 in mostly cosmetic renovations to create a higher-end product capable of attracting premium tenants and stronger rents. If we can get the property all-in around $290,000 and push the ARV into the $320,000–$330,000 range, the refinance could leave relatively little cash trapped in the deal while still producing solid cash flow. Access the full deal breakdown with a VIP PLUS Membership.

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