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All Forum Posts by: Tomas Engalla

Tomas Engalla has started 3 posts and replied 3 times.

I'm In the process of brrrrring 27 N bosart. As a rental on rentometer saids I can get 1200-1400 a month for a 2 bed 2 bath. But when I ask my property  management team they say in that area go for about 800 to 900.  Just double checking those numers and wondering why it is so off from rentometer.  The house is 1300 square feet. 

My other options make it an airbnb or a midterm rental.  airbnb numbers was about 25k a year at 50 percent occupancy. Which is not too steller but makes more than 800 a month.


3rd option would be to sell the house and find something with better numbers. 

Please let me know your thoughts highly appreciated! thank you.

I would like to hear other investors experience with medium term rentals with furnished finders or Traveling Nurses in the Indianapolis Area? 

doing well ? or not so well ?

I am helping my mother do a BRRR project, but she cannot do it without it being in my LLC. I want to know when project is completed how can I refinance it into my mothers name? Or will my LLC have to sell it to her. How can I make it work? Thank you!