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All Forum Posts by: Mike Palmer

Mike Palmer has started 2 posts and replied 5 times.

Post: [Calc Review] Help me analyze this deal

Mike PalmerPosted
  • Rental Property Investor
  • St Cloud, Fl
  • Posts 6
  • Votes 1

@Tim Herman

Thank you for the insight. This would be the biggest project I have tackled and only my second rental. My soft numbers came from watching BiggerPockets YouTube channel and my repairs are low because I'm intending on doing a brrrr. I didn't factor much for my capex because honestly, as nice as the cash flow is, I probably wouldn't touch it for a little while and just let it build me a savings. Then probably follow the 50% rule and enjoy that amount of cash in my pocket and the rest to capex. I am probably too new for something this big but I think it's a deal so I don't want to shy away from it if I can make it work. My NUMBER 1 Priority is making sure I can pull an infinite return. I have capital finally and I am hell bent on protecting it by good rehab and good ARV to cash out all of my money and do it again. Please comment.

Post: [Calc Review] Help me analyze this deal

Mike PalmerPosted
  • Rental Property Investor
  • St Cloud, Fl
  • Posts 6
  • Votes 1

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: Space Coast Fl Investing

Mike PalmerPosted
  • Rental Property Investor
  • St Cloud, Fl
  • Posts 6
  • Votes 1

@Tyler Gibson

I have. She is covering my space coast side of things.

Post: Space Coast Fl Investing

Mike PalmerPosted
  • Rental Property Investor
  • St Cloud, Fl
  • Posts 6
  • Votes 1

@Tyler Gibson

Post: Space Coast Fl Investing

Mike PalmerPosted
  • Rental Property Investor
  • St Cloud, Fl
  • Posts 6
  • Votes 1

I am looking for a property on the East coast of Central Florida and looking for a realtor. I am looking at expanding my portfolio and already have capital and a PML