Their income is only 3X rent, they lack credit history, and the household is much larger, which could result in more wear and tear.

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

Ideally, it is something we can renovate ourselves.

Micro-markets are like checkerboards across larger markets. 

However, the road block I face is getting to a point where I think it’s an “ok” deal (meaning it’s not fulfilling the 1% rule, but more like 0.75% and little to no immediate renovation cost/typically a new build townhome) and then I start to question whether I could find a BETTER deal if I just keep looking.

This deal leveraged strategic financing, value-add renovations, and market knowledge to deliver a strong return.

But I’m 16 years into the game and did all of the maintenance, renovations and management myself for the first 10 years.

One marks up larger jobs, but won't say how much.

Investment Info:

Large multi-family (5+ units) fix & flip investment in San Francisco.

Purchase price: $2,800,000

Cash invested: $560,000

The property is a three-story multi-family residential bu...

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.