Drue Fourmont
Any advice for his investment situation?
20 December 2024 | 1 reply
Just be mindful to keep relationships with your tenants strong.I’m curious... if you had to pick just one route right now..sell, refinance, or optimize..where do you think you’d lean, and why?
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
13 January 2025 | 21 replies
I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
Focus on optimizing the current fourplexes (improving rents, reducing expenses).
Robert Phillips
Real Estate Investing / Flipping
6 January 2025 | 3 replies
I am very interested in real estate investing and flipping (I have a decent amount of construction experience) I was wondering what some good resources are to look at when evaluating a property, especially in the Dayton / Cincinnati area.
Mackaylee Beach
Have you accomplished your investment objectives for this year?
17 December 2024 | 1 reply
Some grow too fast and discover they've built a full-time job for themselves.Growth can also include improving cash flow, increasing property value, or optimizing operations.
Gerald Wallace
Car Wash Business Analysis
10 January 2025 | 2 replies
Does anyone have or know any resources for analyzing car washes?
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
13 January 2025 | 114 replies
If you would like me to double-check check your current preparer is providing optimal services for a competitive price, let me know!
Austin Grant McDowell
202Thrive - What are your goals to see 2025 as a success?
21 December 2024 | 3 replies
I'm interested to hear about this due to rate hikes and optimism in the real estate world coming in the year ahead!
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
Again, if anyone knows of any resources about building a park and running it, please let me know.