Hey Brandon, can you give us an update on how everything is going?

you are talking about modifications you make with just words it would help to have pictures of updated renderings or version 1 versus version 2 

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

The seller is currently doing the cosmetic fixes (updating paint for cabinets, new carpet, paint). 

On the other hand, if you're aiming for long-term rental properties, getting prequalified with a lender specializing in traditional loans or DSCR (Debt Service Coverage Ratio) loans is key.

I will keep you updated the best I can. 

I find the interface easier to manually update rates across my portfolio, OwnerRez doesn't easily let me match rates across my properties on a spot basis (unless anyone here has other recommendations that uses OR).  

Upgrades included modernizing interiors, updating plumbing and electrical, and enhancing curb appeal.

The renovation process included modernizing outdated features, updating plumbing and electrical systems, and enhancing curb appeal.

Valdosta GA Market Update: Dec 2024It’s been a while since I have been active on BP, but I am back!