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5 February 2025 | 5 replies
The strategies I'm most interested in are Flips, BRRRRs, small multifamily as well as short/medium term rentals.
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2 February 2025 | 1 reply
TERMS- Deal Type: Seller Finance- List Price: $580,000- Purchase Price: $780,000- Seller Carryback: $693,000- Total Entry: $100,000 Breakdown: Assignment: $13,000 Down: $87,000- PITI: $2,657 Breakdown: Principal & Interest:: $2,000 Taxes: $464Insurance: $193- Rent: $5,250 ($750-800 per unit)- Amortization Years: 28.88- Interest rate: 0%- HOA: NONE- Balloon: NONE- EMD: $5,500- COE: Feb 12, 2025- Occupancy: Occupied, Occupants staying post closing- Title company: PROPERTY DETAILS:MULIT-FAMILY7 Units - 2B/1B per unit- Living sqft: 5,200- Year Built: 1940- Age of Roof: 1- Age of HVAC: New- Age of Water heater: New- Condition of Electrical: Good working condition- Condition of Plumbing: Good working condition
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23 January 2025 | 5 replies
Any experienced flippers or investors opinion's would be greatly appreciated.Scope of Work and Rough BudgetProperty Address: 460 Summit Oaks Dr, Nashville, TN 37221Property Details: 4 Beds, 3/1 Baths, 4004 SqFt, 0.190 AcresPurchase Price: $500,000Target Selling Price: $800,0001.
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19 February 2025 | 22 replies
If you want to be buying right now and can't self source leads though you're probably going to need to adjust your acceptable numbers and focus on the long term.
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31 January 2025 | 8 replies
Essentially gamifying the learning of real estate jargon, terms, laws, etc!
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15 February 2025 | 7 replies
RE is supposed to be a long term investment and an asset you hold on for a long time and take care of4.
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4 February 2025 | 31 replies
G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success
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30 January 2025 | 3 replies
My wheelehouse is long term management of investment properties, but I do have a good relationship with a loca Chattanooga broker who helps investors in the area.
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5 February 2025 | 8 replies
The big unknown is how deep the electrical and plumbing work will go.Also, with the attached 1/1 unit, I’m debating whether this could work as a long-term hold instead of a straight flip.
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4 February 2025 | 5 replies
That being said, you cant really rent out your pool or finished basement to a Long term rental tenant, but you can with an ADU.