It all comes down to running the numbers based on today’s market, not past assumptions.

Business is based in California but I’m licensed to operate in Texas, Ohio, and Alabama in addition to California.

If you are thinking about a new purchase with a heloc vs a current 30 year fixed rate, this could be a good alternative.Basically, helocs are billed based on the average daily balance of the account.

Many times the tenants are income based and pay 20-40% wherein only 60-80% may be guaranteed.Aside from the rent percentage issue is pride of ownership.

If we price the home based on what they thought they could get for it, it will sit for weeks/months.

I was kind of skeptical, but seems this city/town is good place for STRs based on your response.  

I’ll definitely make that a priority as I build my team.I also appreciate your point about using different contractors based on the scope of work.

I didn't see anywhere that you posted what they said ARV was, or what you think it is based on comps...the County assessment has no bearing whatsoever on value.

To remedy this for next time I am in the process of creating a design board that can be used as a base for future flips.

Hi I am based in Canada and looking to connect with others who are investing in real estate in the USA or Canada.