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11 February 2025 | 15 replies
In terms of structuring the deal you can do it however you want as long as it is legal, ethical and agreed upon by both parties.
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27 January 2025 | 2 replies
Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental.
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3 February 2025 | 0 replies
Once identified, we negotiated favorable terms by emphasizing a fast and hassle-free closing.
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25 February 2025 | 18 replies
These are the guys you want a good long term relationship with.
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4 February 2025 | 24 replies
They are for long term wealth building and the goal has to be to get them Paid off as quickly as possible you then will start to see real cash flow.. a stable of max leverage rentals anywhere is not going to move the needle on income to you in the first five years.
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31 January 2025 | 0 replies
The garage and the fact that a long term tenant was in place paying market rent.
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11 February 2025 | 13 replies
Keep it simple, transparent, and aligned with your long-term goals.
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11 February 2025 | 6 replies
In terms of deal flow I would reach out to a couple of wholesalers, agents and join some local investor groups either on Facebook or online local community to start.
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25 February 2025 | 9 replies
That’s when working with a CPA isn’t just about "getting it right"—it’s about proactively reducing your tax liability and setting yourself up for long-term financial success.TurboTax and basic tax preparers like H&R Block handle what's in front of them.
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7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.