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25 February 2025 | 4 replies
Quote from @Devin James: We're actively looking at new building plans for future buildsHere some things we're considering while balancing design, cost, and functionality.1) Cost to build – Simple rooflines, efficient use of space, and minimal wasted square footage.2) Functionality – Does the layout actually make sense for how people live?
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24 February 2025 | 4 replies
Quote from @Tony Maldonado: Hi guys I’m looking at buying a quad with only 1 gas meter.
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24 February 2025 | 11 replies
It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.
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24 February 2025 | 6 replies
If I were starting over, I’d go this route again without hesitation.For Milwaukee, look at Riverwest, Bay View, and West Allis as each have strong rental demand with room for appreciation.
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19 February 2025 | 2 replies
Join us at the 2025 PassivePockets Summit, May 2-3 in Columbus, Ohio!
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25 February 2025 | 5 replies
And depending on where it's at, it could take $100K-$200K for the down payment.
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19 February 2025 | 27 replies
At least in that apartment.
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17 February 2025 | 10 replies
That sounds like something I'd be interested in looking at as well.
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25 February 2025 | 4 replies
Our ARV came out lower than I had hopped- actually it came out exactly where I had ran my numbers at, but with unexpected permitting requirements and increased material costs the project was about $70,000 over budget for the rehab.
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25 February 2025 | 2 replies
@Austin WolffAre you looking at the percentage growth or actual dollar growth?