Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Hunter Bentz

Hunter Bentz has started 3 posts and replied 5 times.

Post: Cashflow by Any Means Necessary

Hunter BentzPosted
  • New to Real Estate
  • Colorado Springs
  • Posts 5
  • Votes 7

Hi, Thank you for the response! As for being more specific, I suppose the question really boils down to if I only want cash flow in the short term what is the method I should use if not BRRRR? Furthermore, if the cash on cash and ROI being optimal at numbers around 10-12% would it be viable to take 150+ cash flow at cash on cash and ROI at Sub 12%, around 6-8%?

Post: Cashflow by Any Means Necessary

Hunter BentzPosted
  • New to Real Estate
  • Colorado Springs
  • Posts 5
  • Votes 7

I've posted a couple of times in the forums and I have already learned a load of new and useful information. I am once again asking for the wisdom of the BP community. My question is: 

if my goal is to generate cash flow in the short term, would it be effective to have a large portfolio of cash flow properties? Regardless of ROI, cash on cash, and other micro metrics used to determine deal viability. Then, reinvest and diversify down the line to create a more secure structure of cash flow after I've achieved my initial goal to general financial freedom by any means necessary.

The cash flow numbers would be ideally around 150-300 per door with roughly 20-30+ doors. Again, regardless of ROI and cash on cash, etc... Keep in mind, I wouldn't be investing if the ROI or cash on cash was atrocious, just if it were not ideal or below desirable.

I wasn't sure were exactly to post this so I picked BRRRR because it'd be the most likely method I use to obtain rentals. Any feedback would be appreciated and as always I look forward to seeing whatever collective wisdom there is to be shared.

Post: How is the market in Kansas City, MO for BRRRR?

Hunter BentzPosted
  • New to Real Estate
  • Colorado Springs
  • Posts 5
  • Votes 7

I am a new Real-Estate Investor and I am looking for my first investment using BRRRR. I'm in the process of educating myself and analyzing deals and living in Colorado Springs I don't have the most favorable local market so I am looking out of state. I landed on Kansas City, MO and I am seeing a lot of very cheap investments and running numbers (as novice as they are) it is looking very promising for someone who is just starting out. Monthly Cash Flow on a lot of the properties I am looking at are at 200-300 (I realize I have more due diligence to do). So it's making me wonder, is Kansas City worth investing in? As anyone found some decent deals recently in this city?

Post: Property Analysis Practice, Can't tell if there is value

Hunter BentzPosted
  • New to Real Estate
  • Colorado Springs
  • Posts 5
  • Votes 7

Hi James, 

Thank you for taking the time to review my work. I too was thinking I had done some of the math wrong. I went back to look at it again with the new insights you gave me and I was getting figures that were much closer to yours. I appreciate your help and knowledge into the CoSpgs rental market. Were I an established investor I might have been more interested in this deal after seeing the numbers. Maybe Pueblo might suit my rental needs more, or maybe I go all in and my first property will be out of state. Either way, thank you!

Post: Property Analysis Practice, Can't tell if there is value

Hunter BentzPosted
  • New to Real Estate
  • Colorado Springs
  • Posts 5
  • Votes 7

I am planning to begin my journey into real estate in the coming months and I am at the analysis practice stage. I did the numbers on a property in Colorado Springs, with which I am very familiar, and I can't tell if the investment would be a good start if I were to be hypothetically trying to close on this property. The listing is at 685,000, I figured it would take about 20-30 grand to rehab the minor things in it. Estimating an appraisal of 715,000-720,000 after the refinance, the fees and taxes included and the cost per month to rent each unit I was left with just under $700 for monthly Cash Flow. However, the property wasn't showing as a 10-12% annual ROI. Now, either my math in the analysis is horribly wrong, or this is still a great investment because roughly 700 cash flow sounds great for a first-time investment. Could I get some help or advice on how others would've done the math differently? The Address is 925 Hathaway Dr. Colorado Springs, CO, 80915. Feel free to check it out for yourselves as either an investment or to just help me understand the ways to run these numbers more accurately and efficiently.