All Forum Posts by: Chris McKinley

@Matt Maluchnik When someone is investing for cash flow they are looking at the property on a month by month basis. How much money will go into their pocket at the end of each month after they've paid all expense (Principal, interest, taxes, insurance, cap ex, vacancy, repairs, etc..)

Usually when someone invests for cash flow they just look at the loan pay down and appreciation of the property as icing on the cake.

Hope this helps

-Chris

Does anyone in the Fayetteville/Spring Lake (really anywhere around Fort Bragg) area have info on where to look for houses that have the highest rental value?? Thanks in advance for the help. Cheers -Chris

Alexander Felice Haha thank you. Yes this one is in haymount so I feel good about rentability once I make the addition.

I am currently looking at a house that is listed as a 2br/1ba. The previous owner finished the entire attic to make it into what they call a man cave/bonus room. It looks to have a lot of potential to turn into a 3rd br with the addition of a bathroom. I remember @brandonturner saying in his book that one of his favorite things to do was turn a 2br into a 3br. I'm sure it is dependent on area and some other factors but I'm wondering how much value I can add by putting in that bathroom? Thanks in advance for the help. Cheers -Chris

@Travis Beal oh nice do you have an address or a link to it so I can check it out?

@Travis Beal for now I plan on mainly targeting SFR and small MF homes for buy and hold purposes in the area around Fort Bragg and as far north as Raleigh (my hometown). I'd like to acquire a minimum of 3 properties in the next year.

Welcome to the family @Jake Knight glad to have you here!!

Hi everyone my name is Chris and I'm relatively new to the site. I have been following it a while but am just now getting involved. I am here to soak up as much real estate advice and knowledge I can. I am operating out of the Fort Bragg, North Carolina area currently. Hope everyone is having a great day looking forward to interacting!!

Cheers

-Chris 

What can you do with the equity in a house when it is signed over in a subject to agreement??

Thank you Karen I hope it works out too!!