I have used Pricelabs for STR owners I consult with, and since leveraging Pricelabs to run comps, create a data analysis, and then use my 3 Step Pricing Strategy, I have been able o bring in on average 45% more than the markets I am in!

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

The PM rate in every area is different, in my experience, some are low percentage and low quality and then there are some that have high percentage and low quality.

My brother had to look at over 50 houses.  

As part of my strategy, I would like to build an master bath/bed extension, with its own entrance, to the three bedroom, two bath home mentioned in a different post.A 20'x15' (could be smaller) structure that can accomodate the bedroom and the bathroom.

Additionally, I have a great relationship with my lender and secured favorable terms on my current loan.

My name is Anne Musa, I currently work 8 to 5, I am looking for real estate opportunities in small multifamily and STR/MTR.

But is this possible with my current capital?

As I run my numbers just the the market rents on the 6 unit alone if it were to sell at a 6% cap once stabilized would achieve a price of 1.9million.

There are several factors that affected my decision, the first being the rising condo fees.