Just curios, are you doing the BRRRR method on this property?

You must also calculate the property’s potential to generate income.Let’s look briefly at several methods professional property investors use to look for good opportunities.The 1% rule in real estate investingThe 1% rule in real estate says that a rental property’s monthly rental income should ideally be at least 1% of its total purchase price.

They work great, can be one of the most cost effective lead-gen methods out there when done right.

@Ronit Lodd as a tax professional, I’ve seen people use all types of methods.

If we were to move forward with the purchase of the second single family I do think we would be able to Brrrr this property into another STR, again if that is not successful we could always sell and make a profit (purchase + rehab should be about 75% of appraised value if goes as planned).

It sounds like you're taking a thoughtful approach to real estate, and the BRRRR method could be a great fit for you as it aligns with your goal of generating passive income.

While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20. 

I don’t know if Jerryll’s method is the only way to obtain leads efficiently, but I hope everyone else beliefs him so I can stop getting solicitations! 

I’ve been seeing a lot of interesting deals lately, but the traditional financing methods don’t always cut it for some investors.

Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investments) or HELOC.