Alan Asriants
Why BRRRR is not an effective strategy today...
23 January 2025 | 15 replies
While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
Quote from @Rereloluwa Fatunmbi: Quote from @V.G Jason: You literally jumped in the fray of an oversaturated play in a really suspect area of Houston.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes the Class feature Cost a bit extra which is a bummer bet the support for it is amazing, and it is easy to allow access for Tax Accountants to pull the reports they need rather than my clients playing middleman.
Scott Weston
Highlands Cashiers Market
8 January 2025 | 10 replies
Yea this is a long-term personal play more than a strict STR deal.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
I have seen these circumstances; people die, go out and buy a car, lose their job, etc… Just my own two cents, I’m not an attorney, just play one on TV
Noah Laker
Opening a Sober Living Facility
19 January 2025 | 5 replies
I recently have connected with investors who are interested in assisted living facilities, with the play of unlocking government funding, not sure if there's similar opportunities with SL facilities.
Tyler Magee
If you had $150k where would you start?
10 January 2025 | 6 replies
@Tyler MageeHey Tyler, with you being in Tampa and have 150k to play with, the possibilities are endless!
Cody Caswell
Your Design Doesn't Always Have to be BOLD!
18 January 2025 | 3 replies
Roof lines, window styles, and masonry/siding all play into this natural flow, and the biggest mistake you can make when designing your flips is not following the flow that is already present!
Allen Berrebbi
Former visitor looking to invest in Peoria IL
6 January 2025 | 7 replies
So I used to work for a basketball tournament that played in Washington IL every year and so I often visited that town plus Peoria.
Christina B.
Long term: keeping an eye on the RealPage lawsuit
13 January 2025 | 4 replies
Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).