All Forum Posts by: Reyansh Budhagoda

I typically avoid Lehigh for a multitude of reasons. It has to be a really good deal for my to purchase out there. The main reasons are jobs - there isn't a driving force for jobs out there. And, a draw - as opposed to the other areas in Lee County there really isn't a draw to the area. Meaning that there aren't any large attractions - beaches, shopping, restaurants, night life, amusement parks, etc. There are many investors who like Lehigh but I view it as a risky investment area.

10% @ 1.5% points, is wild... I got in w/ 11.5% @ 3 points, after plenty of work from every side.

Sounds like you need to spend more time finding a good team. There are HML in Texas who do 10% interest at 1.5% points. Contractors are for the most part sleazy, you want to mitigate this by paying them AFTER work is complete.

Big ones and high-quality turnkey providers are doing the same as every year. Yes, returns are slashed on the cash flow side, however savvy investors are pouring money like they used to in any other year. 

I have deals with Rent To Retirement. Things are looking great. I would happily share my experience with you if you need it. 

 This thread is from 2 years ago Ruwan, when the #s actually worked lol. No wonder your calculations don't pencil out now 

We live in Charleston and flip houses, while also having an Airbnb.  We love it here, and are finding great success in our flipping business. On top of this, there’s a fantastic community of fellow investors who are all about being “Go Givers”. We’ve found great partners and resources through this network. Our business wouldn’t be as successful as it is without this amazing network of fellow investors.