All Forum Posts by: Cody Ringler

 So what do you think I’m missing as far expenses? What should I increase in my expenses? And I’m subscribed to AirDna and it’s saying an average 192 a night which obviously is off. I really appreciate your feedback as this is my first investment and need as much feedback as possible lol. 

Is there a way to find out if its a good market? I mean its a college town with a student population of 17k. The show Fixer Upper is in this town, and SpaceX is a 30 min drive from here. I've looked at comparable houses that are on Airbnb and VRBO but I can only see the ones that are available. But according to the short term rental map on the city's website, there are over 40 short term rentals in Waco. 

Hello Aaron! I thought I put in the description that this will be an STR. The $2400 will be coming from monthly income. I calculated $150 a night for 16 days a month making an occupancy rate of 52%. The property tax for that property is $850 according to the tax accessors website. But I can look again to be sure. Also, the property management will be done by me. Does that sound ok for the short term rental?

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*This link comes directly from our calculators, based on information input by the member who posted.

What's going on everyone! I have something big going on and I would like some feedback. What stuff do you put into your underwriting to assure yourself that it's a good deal and it's going to cash flow properly?

Thanks!

Cody 

So if I was to lend money to someone how would I be able to get my money back plus some. I mean I don’t want to charge them up the butt but also want to make some cash on the deal as well. How do you guys lend to people? 

Hello everyone! I'm curious to see what people think is a good ROI for a deal that is funded 100% by a private lender. Does anyone have a little insight on this?

Hey guys I’m a new investor (23 years old) As Grant Cardone and many others said, surround yourself with other successful and like minded people. I’m here looking to talk and maybe have a few drinks over real estate to gain friendship and partners for the future! Let’s connect!

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*This link comes directly from our calculators, based on information input by the member who posted.

Hey guys I’m about to Write up the contract for my first investment property (fix and flip). What are some numbers I need to put into my analysis report to make sure I have everything I need to put in the right offer. I’m confident with the report but it doesn’t account for my private lender interest rate and other fees there might be. Some newbie advice is allowed haha! Thank you all!