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All Forum Posts by: Michelle Terelak

Michelle Terelak has started 3 posts and replied 4 times.

Thank you for getting back on this.

On the first property:

1.  70k down

2.  Annual cash flow $5832

3.  $250K PV

On second property:

1.  70k down

2.  Annual cash flow $2160

3.  280k pv

Hi,

I am evaluating two different markets. One has a 10% COC with $162 per door but only a 3.4% increase estimated for property Value. The other property has a 3.6% COC with $90 per door with a 7% increase estimated for property value.

My goal is to increase my net worth and to create cash flow.

Do you have input on the better investment?

Hi

I am a newbie.  Brandon Turner suggests analyzing 100 properties to make 10 offers (at the number that makes sense)  to get one deal.  The wall I am running into is when I find my number that works, I don't know how to determine if I should put an offer on the property.  I feel like I can find a number on every property but it is normally much lower than the asking price. I don't want to put a low ball offer in on every house I'm interested in because I'm worried I am wasting the realtors time.  Do you have any recommendations on how I can determine a property to put an offer in on?

Hi all,

I am a brand spanking babies bottom investor.  I am looking at my first triplex and need your feedback.  I analyzed the job market and population and they are both holding steady where I am looking.  My concern is that I looked at the market growth of this area and it's very small. The housing market went up 3% in 2020.  I feel that's small compared to the city I'm in that had a 10% increase.  The cash on cash return is 9.67%.  It generates $150 a door.  My question is, do you feel that the low housing market increase is a reason to not move forward with them home?