six months later, he closed on a property without it ever hitting the market.

@Kent Ford Austin got hit by a combination of factors, but only because it was also the highest appreciating market nationally during 2020-2022.

The numbers back him up— His construction costs are around $200,000 a unit, and his units pull in $600+ ADRs and hit 83% occupancy, with NOI per unit up to $100,000, rivaling 5-star hotels.Financing these beautiful properties?

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.

My best deals I am analyzing right now that make sense either need a pretty big rehab or finding a dated home in a market that hit the target metrics for what I personally consider an "up and coming" market.

Just put the tool on one of the boards that has a gap and hit the slanted end with a rubber mallet.

So you would be getting a hit of $1,642.5 per month on the properties based on the numbers you provided approximately.

Hit some meetups locally to get to know the market and know it really well to be a better skilled realtor to not just you but those other people out there that want to use you! 

The AppFolio integration works great, but everything else is hit or miss, which is incredibly stressful when you’re trying to stay on top of your property finances.I’m curious if anyone else has experienced similar sync problems or if there are any recommendations for alternative platforms that might work better.