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All Forum Posts by: Markus Stringer

Markus Stringer has started 7 posts and replied 19 times.

Post: Investing during Coronavirus

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

Good Morning BP Members,

My wife and I are Newbie Real Estate Investors. We have a primary residence and would like to BRRRR our 1st Real Estate property. Due to the current Coronavirus situation, should we wait or should we continue business as usual?

Post: General Contractor in South Florida

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

@Sam Issa

Thank you Sam! I appreciate the response.

Post: General Contractor in South Florida

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

@Mark Barbaric Will do!

Post: House Hacking in Fort Lauderdale

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

@James Ross

Any success on your House Hack journey? My wife and I are planning on doing the same. Just wanted to know if you had any advice? Good luck!

Post: House Hacking w/ VA Home Loan

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

@John Warren

Will do! I have been communicating with some local investors here on BP in the past week. It has been a tremendous help!

Post: House Hacking w/ VA Home Loan

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

@John Warren

Thank you John for the feedback! These are things I never thought about. Thanks again for the knowledge!

Post: General Contractor in South Florida

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

Hi BP Community,

Looking for a General Contractor for Broward/Dade County. Any advice? Thank you all in advance!

Post: VA Home Loan house hacking

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

My wife and I are having a similar issue in the South Florida market. We are finding Multi-Family "house hack" opportunities, but the numbers do not make sense. The COC ROI is always negative, but the Annualized Return is great. What am I missing? Any advice is appreciated.

@Jake J Connelly good luck! It would be great to hear about an update on your "house hack."

Post: House Hacking w/ VA Home Loan

Markus StringerPosted
  • Rental Property Investor
  • South Florida
  • Posts 23
  • Votes 7

Hi BP Community! My wife and I are seeking to "house hack" a multi-family property here in South Florida using a VA (no money down) loan. It will also be our first investment property. For some reason, none of the numbers seem to make sense. I run the numbers using the BP calculator for when we would not live in the property. When I do, the COC ROI seems to always be negative but the Annualized Return seems to be great. Do I need to put money down on a "house hack" for it to be successful? What am I not understanding? Any advice is greatly appreciated!