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26 December 2024 | 6 replies
Clearly there's a lot more ROI and work for a BRRRR.After finishing David Greene's BRRRR book and combing the forums, my impression is it'll come down to building the right team and doing our due diligence on finding and analyzing deals, estimated ARV, rehab costs, and rent /demand for an area with the most conservative estimates.
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8 January 2025 | 14 replies
That being said, I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection as it relates to real estate.
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7 January 2025 | 12 replies
Hi Kirk, In 2021, I moved to the Kissimmee area, more specifically Bellalago, a gated resort-style community on the shore of Lake Toho.
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2 January 2025 | 2 replies
I will talk to the tech team to see what the cost to implement a solution like this on new arrivals could look like.
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4 January 2025 | 4 replies
I would try to buy properties starting at a specific date so not large ticket items come up.
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10 January 2025 | 12 replies
you'll probably get a good response, because it's a narrow, specific question.
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31 December 2024 | 76 replies
I'm also unfamiliar with that specific individual or the program costs or design.
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9 January 2025 | 9 replies
Best approach is to have your "team" set, before going out to secure properties.
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12 January 2025 | 12 replies
Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)
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13 January 2025 | 30 replies
I would think that a property manager would be able to assess your specific unit, be able to determine what market rate is for the local area and the quality of the unit, what the market rate rate is for your specific unit, to suggest what your unit could rent for based on some improvements and have a sense of what rent increase would be tolerable by the tenants.