It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.

@Nicole TuffarelliI am aware of a few groups that can usually utilize funds from an IRA to help purchase new homes at reduced leverage (usually capped at 70% LTV).It might be more beneficial from a tax-standpoint as well to do it that way instead of drawing it all out.

My agent had added CAR Rent Cap and Just cause addendum without having a clue what it is and both my tenant and me have signed it.

You can use this tool to figure out that part: https://docs.google.com/document/d/100dRzu-iQEIZbR1adxIASdH2...Once you have that you should engage a local broker to discuss the options for those types of uses in your market and they will be able to help you understand the overall picture and cap rates of the various options.

Investors might require a business banking account with high transaction limits to facilitate buying, selling, and managing properties without running into daily or monthly caps.2.

I will say F&G is very transparent about this and seems to always require approval from the investor before apply for any cards let alone the ones like Cap one that go back to your personal credit.

You are lucky if you get 4% net cap in FL, VS 10% ( ALL my personals are 20% ish net ) net caps. 

With 300k you can get about 6 SF  ( seller financing) combo Duplex with 10% or better net caps.

One thing to consider would be the president's repeal of Obama's environmental efforts.Also, if a steady cash flow yielded similar to the above $3,001, could that be a $450,000 valuation at an 8 Cap?

The initial returns are lower on paper in better locations (lower cap rate, less initial cashflow according to the magic spreadsheet), but the overall returns in reality are much better including all the different ways people make money in real estate (gained equity through natural and forced appreciation, principle pay-down, increasing rents= higher cash flow when looking at the big picture if you buy and hold, depreciation tax benefits, plus way less of the big profit killers like turnover, non-paying tenants, property damage and theft, dealing with bad contractors because good ones don’t choose to work in bad areas either, etc.).