Project like this is a year at least right. cost to sell and carrying costs land at todays HM rate 12 % thats 120k commish                                       200k so maybe net 750K or you think you accounted for those in the  2 million ?

I only heard about Partner Driven last year and so far so good 👍🏼 As a licensed REALTOR and loan officer, I knew the traditional buyer pool was going to shrink due to the looming interest rate hikes.

We brought in $31.37k in revenue with 89 bookings and 83% occupancy $136.98 Average daily rate from 9/1/23 to 6/1/2024.

You may need to show that you have completed at least 1 fix and flip or hold to get the full cash out, otherwise it may just be a hold back for the renovations and a rate and term refinance for your 1st mortgage 

Yes, my interest rates would go from 5.25 to 7.5 or 8 but I would be eliminating debt payments and possibly adding a 12th rental property? 

At today’s interest rates it’s very hard to cash flow, but the appreciation is pretty consistent. 

It was a home on a double lot and I was able to negotiate a 2.49% interest rate.

I love teaching but with coaching after school my days are 12-14 hours long.

So your estimate is (purchase price 400k in 2018, selling at 600k 2024) to be around 180k capital gains total and taxes on the 180k (lets say 15% rate so thats 27k), 40k federal capex, 13k depreciation recapture?

They gave me very competitive rates for my STR in Kentucky, not sure if they do CA.