Anthony McKinney
New to Austin, new to RE
31 January 2025 | 7 replies
With your construction background, you're already in a strong position to add value to properties through renovations or identifying potential issues.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.
Christina Swaby
Do you provide incentives to your contractors?
28 January 2025 | 1 reply
I have them tell me how long a project will take to complete, and then I add buffer days or maybe up to 2 weeks, depending on how long / complex of a project it is and potentially accounting for weather if it is outside work.
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 0 replies
Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.
Bree Jimenez
Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
I am potentially looking into getting a trailer at the begining of the year getting a trailer that may need some work to rent out.
Ken Ormsby
SFH & STR Rentals in Denver Metro
31 January 2025 | 6 replies
Any potential leads would be appreciated.
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
I've had a couple OOS investors ask about ADU potential in our market... not sure what hurdles there might be with the city (permitting, zoning, or otherwise).
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Spencer Cuello
Experience with BNB Leverage
30 January 2025 | 5 replies
Fees seem high but could potentially be worth it.
Marcos De la Cruz
Cash flow minimum?
1 February 2025 | 12 replies
However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.