All Forum Posts by: Robert Boydston

Quote from @James York:

@Robert Boydston what keeps you from considering LTR and BRRR? Just my opinion, but I believe this is the best starting point for new investors.

Perhaps just ignorance.

I have trouble wrapping my head around making a couple hundred bucks a month on a LTR with 60 to 100K cash tied up.

I’m not really familiar with BRRR … is there a good place you can point me to learn more?

Quote from @Jonathan Greene:

Let me pose a question for you. What are you considering a decent cash on cash return and what markets were you looking in? There are SO many areas right now that will crush for STR that you might be using the calculations more than the reality of a singular market. Land flipping I would not do, it requires specialization and is like wholesaling x18. Flipping is tough now, especially for new investors because of the supply chain and costs associated and the high prices to get in on a rehab property. I would use your marketing background to crush the STR right now for sure, depending on the market and the price, but I like that better than the others.

A lot of deals I've been analyzing has COC return of 10 to 15 %

Would like to see 20% or higher considering the STR biz is a little more hands on.

Do you have any suggestions for markets?

We are currently looking in Eden/Huntsville,UT, St George UT, and Pigeon Forge/Gatlinburg TN

I am brand new to real estate investing. Outside of buying and selling personal properties I have never rehabbed a property or owned a rental. 

I have the following capital available for investment:

150K personal cash
300K in a self directed 401K
120K available from a HELOC

We've been hunting for a short term rental in several markets but haven't found anything a price point that is offering a decent cash on cash return. 

Some avenues I am considering:

1) Land Flipping

2) Rehabbing/Flipping

3) Short term rentals

I have a marketing background which is why land flipping and rehabbing appeal to me since they seem to be driven by marketing and direct mail. 

Any advice or wisdom any of y'all can offer would greatly be appreciated.