
11 January 2025 | 9 replies
In 2025 I plan on purchasing my first home.

10 January 2025 | 14 replies
It would cash flow nicely.One item to plan for from the beginning is the exit.

10 January 2025 | 5 replies
Good point, if you have plans to sell in the near future, could be better to wait.

13 January 2025 | 5 replies
I’d plan for extra amenities like special decor or concierge services.

15 January 2025 | 9 replies
Are you planning to more projects like this (or maybe BRRRRs) this year?

11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

14 January 2025 | 7 replies
I currently have a bank account dedicated to my first property which I hold in an LLC, and I'm planning on paying out of pocket for the start-up costs initially but I wasn't sure if creating new savings accounts under my first LLC's Bank constitutes a comingling.

15 January 2025 | 14 replies
In the Houston and Katy markets, prioritize cash-flowing properties that can withstand current high interest rates, and plan to scale by reinvesting cash flow or refinancing when rates drop.

17 January 2025 | 35 replies
I download those into Geo Batchcode so I can plan an efficient route to check out those properties, and of course I take note of any others of interest that I see along the way.

16 January 2025 | 15 replies
I'm also a big fan of backup/contingency plans.