Samuel Coronado
Sell or rent
27 January 2025 | 1 reply
I have a 5 bed/3.5 bath brick home in Madison, AL. 4100 sqft on a VA loan at 6% with a remaining balance of $404,000 roughly; 28.5 years left.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
For many of these hybrid and remote employees today, the main attraction to living in and around a major city like D.C. is the easy access to retail and entertainment areas, especially experience and community-focused retail areas.
Craig Jones
STR hotel makeover
22 January 2025 | 15 replies
The previous owners took reservations mostly by phone, wrote them on a big paper wall calendar and hand keyed CC numbers into a terminal 😲The bunk beds have been a huge win.
Kyli Soto
First Rental Property
23 January 2025 | 0 replies
Purchase price: $305,000 Cash invested: $80,000Single Family home in a 55+ community. 2 Bed 2 Bath, attached 2 Car Garage.
Joe McLaughlin
Electronic Lock Recommendations
29 January 2025 | 13 replies
The property is a 3 bed/3 bath and it was engineered to have the ability to lockout the basement 1 bed/1bath studio as a stand-alone unit.
Brittney Yang
Where to source a new build Duplex on family land
19 January 2025 | 2 replies
I'm thinking 2 bed / 2 bath.
Anthony Sigala
Seeking a loan on a LTR that has a rent to value of 1.3% with the potential of 2%
29 January 2025 | 6 replies
Loan Amount 110kCurrents Rents $1,375/moMarket Rents $2100 5 bed 3 bath
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
Maranda Tucker
Top Neighborhoods in Charlotte, NC : Cashflow vs Appreciation
22 January 2025 | 0 replies
Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.
Vikas Jain
STRSearch Has anyone used them or have feedback? Any other competitors?
22 January 2025 | 5 replies
They get the sale and its not any harder than finding a home for a retail buyer.