All Forum Posts by: Luka Milicevic

Hey everyone! Im new to BP and excited to connect and engage in discussions here. Theres a wealth of information on this platform, and Im eager to dive in. Im also looking to connect with investors who are eagerly searching for their next project. If you have any favorite forums or valuable tips that you've found especially helpful, Id love to hear them!

I am considering relocating to Nashville for a job promotion that would be a 20% increase in pay possibly more. I bought my first house 2 years ago for 255k 20% down at 6.375% APR. My payment with insurance & taxes is $1425 a month. I Can only realistically get $1600-$1700 a month renting my house based on the market. But if I sold today I likely would lose atleast 10k.

Would it be feasible to just relocate for the job and rent the house for the time being and see what happens? Or just sell it at a loss… I need some guidance here, I know very little about real estate investing other than I know I’ll be losing money after maintenance and paying a property manager. But I would be passing up on a big promotion that could lead to significant increase in income.

Hello,real estate investors,

I have a question for those with experience pulling home equity to fund new investments. I'm considering tapping into the equity from either my primary residence or rental property to purchase another rental home that generates solid monthly cash flow.

I'm open to investing out of state and have heard that areas like Ohio, Tennessee, Georgia, and North Carolina offer potential opportunities. However, I'm unsure of the specific areas within these states to target. For example, if I were to invest in Columbus, Ohio, could anyone share their insights on which neighborhoods or parts of the city offer good returns?

My goal is to ensure that I hit the 1% rental return per month. My budget for the property is up to $200K.  Is that enough?  I reside in FL, so I would like to purchase in neighboring states if possible, but I heard Ohio is a great market.   

I'm open to all suggestions and ideas! Looking forward to your recommendations.

Hello Everyone,

I hope that everyone is off to the races to start in off the year. I have come to the realization that my calculations are not as solid at I once thought. Since 2021-2022 and the surge in prices in basically all markets across the country, how are fix and flippers evaluating properties. Particularly Nashville. The properties I am targeting are thought of for infill development first, but when those numbers don't work rehab second. I am finding that my offers are not in the ballpark of what sellers are expecting. Being on the nose is an anomaly, but it seems that my estimations are really far off.

What I was using was 70% ARV - repairs with a repair estimate . Wholesaled a deal in September that didn't hit that number. I understand that the price is what someone is willing to pay. 8 Years ago these numbers worked, but today, I have reason to believe these numbers do not work anymore.

Links to 2 properties in Nashville and 1 in Memphis using the same approximations. Was told that the offer wasn't close, or we were not in the same stadium. If what I am facing is Seller's expectation of market condition, i understand. IF my numbers are truely "too low" I just looking gain confidence in how I am analyzing properties and estimating repairs.  

1710 10TH AVE N, 37208: https://docs.google.com/spreadsheets/d/1B0CoSbGxQFbRBVzXBERw...

6121 Southampton Dr 38119: https://docs.google.com/spreadsheets/d/1a3WBEcgv2SMggu5P2HrK...

2014 Salem Mason Dr, 27208: https://docs.google.com/spreadsheets/d/1Jzr5TN9PYhuiFuD2THLb...

Spoke with a seller yesterday, before I go with these numbers I thought it best to ask for some guidance. 

Any advice will be greatly appreciated. 

Incredible Investment Opportunity in Nashville! 🏢✨

I’m offering two excellent deals in one of the fastest-growing cities in the U.S.:

1️⃣ 74 units: Perfect for investors seeking a large-scale project with high demand.
2️⃣ 49 units: Ideal for diversifying your portfolio with a solid property.

🔑 Both projects are strategically located and offer significant potential for returns.

🚀 Looking for serious buyers ready to take advantage of these unique opportunities.

📩 Drop your email below, or send me DM 

Don’t miss out on investing in one of the country’s top markets!

I am currently trying to close on a church in Nashville (residential R6-A zoning) and convert it into my primary residence. Two separate property appraisers (at the direction of the lender) were sent out to appraise, and neither was willing to appraise it as a "residence", and thus financing fell through (conventional primary loan). At this time, I am having to pay all cash in order to close.

Purchase price is approximately $600k. Since I'm taking such a cash hit, I asked the sellers agent if they would be able to designate some portion of the sale price ($200k?) as a "donation" (translating to the benefit of taking a deduction for 2025). They are amenable. My agent is saying that we are unable to split the contract that way (or reduce the purchase price), so I'm trying to figure out options. My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.

Looking for any creative input on how something like this could be structured.

I am very new to learning about real estate and am looking for advice on my first home and how I can best use it to help offset my mortgage and generate cash flow. My fiance and I are in a unique situation as I play baseball professionally, and she works online and plans to live with me during my season. The baseball season lasts 6-7 months, and I am given free housing during this time, wherever I am currently assigned to play. Our current plan is to purchase our first home and live in it for 2-4 years before moving to a new home and using this first property as a rental, so my fiance and I are currently in the market for a home that we could use as our residence during the offseason and then use as a short term rental or something like that while we are away for 6-7 months. We are wondering what would be the best option to do with the property during this 6-7 month period, whether that be Airbnb or what other short term rental options might there be that could make more sense? We are also wondering whether it would be better to try and find something located closer to Nashville within 5-15 minutes that may not be as nice of a home or property for our budget or find something that is around 20-30 minutes from Nashville in the White House Tn area, but a nicer home within our budget. We did not know if our proximity to Nashville would be more important because of the fact that we would be doing a short-term rental with the property for half of the year and then using the property exclusively as a rental in a few years? Would love to hear any thoughts, advice, and input!