All Forum Posts by: Alecia Downing

Investment Info:

Condo buy & hold investment in San Diego.

Purchase price: $225,000
Cash invested: $67,500

Condo, renovated & placed on Airbnb (short-term)

Hello Investors,

I randomly wanted to gauge some thoughts on the Ocala, FL Market, any experts in this market, need to hear the pros & the cons. 

Thanks in Advance 

Definitely makes sense to go over ask, but would do all cash, I would rather leverage and put down 25% this way I can make my money back faster, than doing all cash. 

On to the next offer, lol!

I used the percentage Brandon Turner uses, when calculating deals, however, thank you for the information; I’ll be sure to check in the specific location. 

What % would you use? 

<3 

Thank you so much for your input Jeff, learned a few points here. 

Will look into water/sewage in that location & garbage cost.

PA/FL

I would include the water/sewage in the rent, or have the tenants pay there own water, considering they have washers / dryers in the unit.

I am looking for the property management cost to incorporate garbage cost, please let me know if this is realistic.

TY