Day 3: Building a Strong Foundation (Literally!)

Quote from @Jordan Ray: Quote from @Chris Seveney: We have some leads on assets in the humboldt / jackson area in tennessee and looking to connect with investors in the area.I know one of the biggest investors in the area, his name is Dustin Ring.

They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.

Is it a rentable area or will you have months of vacancy?

@Cody Lewis one strategy you can try is a discount for longer stays (ie 10% off for 5 nights or more; 15% off 7 nights or more).

.: Quote from @Alan Asriants: Hey Carlos, all depends on your lot size, what kind of unit you can build there and the rental return you can get. 

I understand that they operate in real estate under one of a few exemptions from registering as a security with the SEC.

That was a fun read.  

@Javier Esquivel Hi Javier, this has all of the components of a good flip.

But because the sheriff’s office is backed up for three months, you’re in a bit of a holding pattern.