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All Forum Posts by: Glenn Cornell

Glenn Cornell has started 2 posts and replied 3 times.

Short-Term & Vacation Rental Discussions

Post: Vacation rentals in Myrtle Beach area

Glenn CornellPosted
  • Front Royal, VA
  • Posts 3
  • Votes 1
Researching area and wondering if there is cash flow to be made or just break even situation to own a beach house. Is there a price point for condos or SFH that seems to work out for cash flow? Any areas better than others? Currently looking to south: Surfside and Garden City area. TIA
1 Vote
Real Estate Deal Analysis & Advice

Post: HomePath Rehab Duplex

Glenn CornellPosted
  • Front Royal, VA
  • Posts 3
  • Votes 1

@Carter Crowley yes it's in investor period.  Duh forgot arv.   Conservatively $200k.  I would like to get cash out too if possible with a good cash flow. 

0 Votes
Real Estate Deal Analysis & Advice

Post: HomePath Rehab Duplex

Glenn CornellPosted
  • Front Royal, VA
  • Posts 3
  • Votes 1

Here are the basics:

Duplex with rents between $700-$800/unit

HomePath Price: $96,500

Rehab Budget: $40,000 (flooring, kitchens, baths, paint)

Can pay cash for purchase, looking to offer about $80,000

How do you see a BRRRR working on this deal? Or just rehab and flip? It can't be sold as separate units.

Thanks in advance for you advice/feedback!

0 Votes