All Forum Posts by: Chuck Oese

you can use other calculations as well like ROE(return on equity) as a metric to give you more clarity or ROI

yes, Initial cash 

Hey all! Im out by Ken Caryl in Littleton and would definitely be interested.

We own a second home in Breck that we Airbnb for about 2k of cash flow per month. The mortgage is down to 134k and the house is worth about 700k.  Wondering how we can use this equity to our advantage to scale up with more cash flowing properties or should we concentrate on just paying it off and gaining the 730$ extra a month without the Principal and Interest?

We also have a second Airbnb in Breck that we just acquired in a 1031 and expect about 1000/month cash flow. This property has a 60% LTV. Worth about 500k.

Property is expensive in Breck but Airbnb is lucrative up here for the right places.  

Thank you for sharing your experiences and insight with me!!!

Thanks Dave, your answer is very helpful! 

Hey all, Im new to the site and podcast and just scratching the surface on BRRRR techniques.

1. Do I just roll everything into a 1031 exchange or should I pull some money, pay the capital gains and use it to get started with BRRRR? Hopefully someone has experience doing something similar and can help. I apologize if this has already been asked but I couldn't find it.

2. I should also add that I have another property that is a short term rental that cash flows but has a first mortgage on it.....there is a lot of equity that I could do a cash out refinance. Is this a better option to pull money to get started?