
4 July 2024 | 1 reply
In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr (12.6 CAP) (includes tax, ins, listed maint for past yr) After reno NOI 127,475/yr (14.6 CAP) Deal info: - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow = 2100mth (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

6 July 2024 | 18 replies
I'm an out of state investor and I purchased a duplex in May (Fayetteville Arkansas next to the college).

4 July 2024 | 11 replies
We were pretty good kids in college, but of course we had parties and made our share of messes.

5 July 2024 | 1 reply
So on May 6th of this year, I started my real estate journey after a very rough first year of college.

4 July 2024 | 4 replies
You can learn from books, talks, online lessons, meeting people, getting your money ready, looking into things, types of houses, help from someone who knows, and lessons from pros.

4 July 2024 | 1 reply
Value of property has gone up about $100k beyond the purchase price and cash flowing $700/mo Lessons learned?

4 July 2024 | 3 replies
Is it better to wait 'til it's sold, talk about the experience, reflect on lessons learned, and hopefully celebrate our profit margin, or is it better to simply be posting something, frequently, no matter the tone?