All Forum Posts by: Eyal Goren

 Thanks Chris. What % roughly should the down payment be today for properties to cash flow?

Hi, 

I'm looking to BRRR my first property, and looking at properties in Sherman, TX.

Was wondering how does a healthy P&L look like?

My buy box is 3-1/2. For which I'm seeing the rent is around $1650/month, but with conservative numbers I'm not getting anywhere close to a $200 monthly profit - which is what I understand a healthy P&L should produce.

What am I missing?

In this scenario, the house will cost 150k, rehab 20k, refinance loan - after appraisal of 232k - will be around 151k @ 7.7% interest, for 30 years.

Thanks

Eyal

I agree with the approach in general - every asset have a price I'm wiling to buy it (?) - but it takes time to make an offer + I don't want my agent to do unnecessary work. Meaning, if my numbers are way off, say the gap between my offer to the asking price is 40%. In these cases, seems like it's a waste of time - or am I wrong?

I'm starting to scan for my first property and trying to understand the process. Zillow -> analyze -> offer -> repeat.

After how many properties that you scanned you feel like you're comfortable making an offer?

Will contractors be willing to take a trip to the property before we make an offer?

Hi all,

What are your thoughts about investing in Buy & Hold at Lubbock TX?

Would love to connect with investors in the area.

Best

Eyal