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9 March 2024 | 89 replies
her and her husband both retired from their day jobs and have all these gorgeous renovated SFRs. the key was that they got better and better at BRRRing and the nest egg grew just a little bit with each cashout/refi, so they could do bigger/better deals, then multiple deals at once. this obviously took time, but they're getting ALL the perks of REI: debt paydown, appreciation, tax benefits, cashflow, the opportunity to provide beautiful safe housing in the city they live in... if you BRRR'd your way to a few STRs instead of LTRs, you could probably arrive at that 7k/mo number pretty quick. also consider BRRRing to MTRs. gator lending is short-term / transational lending, usually to wholesalers for deposits. pace morby has a course on it. most people i'm sure take the course, do nothing with the information, make no money, then complain and say the course didn't work lol. but i do know tons of people actually make great money gator lending.flips obviously work too but you usually LOSE money on the first one, break even if you're fortunate... it's very active work too, so doing flips while you're still working full time, idk, not a fan personally. you'd have to KEEP flipping to KEEP making 7k/mo, vs with BRRRing you'll eventually get to that 7k/mo and can stop or regroup.
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5 March 2024 | 7 replies
There's a good amount of downtime baked in too so that you can dive deeper with anyone you're really connecting with, or get some solo work time in to start implementing what you're learning.Side note: They always book huge, gorgeous houses, and there never any no shortage of fresh food & drinks.
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29 February 2024 | 10 replies
The flooring color should not matter to you as the owner, unless it is crazy like pink carpet..
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28 February 2024 | 0 replies
Purchase price: $122,900 Gorgeous 3 bedroom, 1.5 bathroom located in the heart of Florissant, MO.
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27 February 2024 | 2 replies
Personally, I think of C-class like Jordan Belfort's famous pink slips.
26 February 2024 | 3 replies
@Matthew Sharman I just hired a real estate photographer and he made my boring apartment buildings look gorgeous.
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26 February 2024 | 42 replies
And, at the end of the day, we have a gorgeous property that we absolutely love to visit.
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19 February 2024 | 5 replies
I have a YouTube channel I just posted a deal we are doing on if you search pink development you can see the lot. on my triplex I don't build a garage so every sq ft is appraisable. on my single family we have to build garages most of the time unless it's our micro home 700 sq ft that we sell for under 200k. the rent price / sq ft of SFR even smaller ones is maybe on average $1.70, on our 650 sq ft floorplan it's closer to $2.43 which is about 40% more efficient. supply and demand. very few multifamily built, higher appreciation, etc. most of the people who do them refinance why go through all that effort just to sell. appreciation in columbus last 3 years averages 8.65%. we only do this in 3 zip codes in columbus close to the urban core where new construction values are about a 15% or 20% premium and where there is already a lot of multifamily and it's easy to get them approved on an infill lot.
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18 February 2024 | 2 replies
look up Pink developement on BP.. he is in Columbus and knows the details.