The $60,000 renovation budget presented a clear opportunity to add value.

The $60,000 renovation budget presented a clear opportunity to add value.

I'm going to be the dissenter here but I may exit out of the Midwest in the near future.This is a great post about cash flow and why numbers on spreadsheets only present a partial picture. https://www.biggerpockets.com/forums/12/topics/1171104-the-m...

@Florsabel De La RosaPunta Cana gets two thirds of the country's tourism but most tourists go there for the all-inclusive resorts so you have pros and cons and a lot of the money has already been made there.I prefer the North Coast indeed  and specifically Las Terrenas and the Samana Peninsula.

After some research it seems that this property isn't up to code and presents some valid safety concerns.

The landlord stated she believes we are responsible for the leak because when we started the lease in November 2022, the leak was not present.

Any advice on how to present a 30yr amortized (20yr balloon) that might be more appealing to him?  

It's usually because they aren't presenting themselves in the best way to get time with the best agents.

We invite sponsors to come present deals to our investment club members.

The $60,000 renovation budget presented a clear opportunity to add value.