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.
Jesse Yoder
What Insurance to use for BRRRR
20 January 2025 | 6 replies
I know REIGuard is easy and designed for investors.
Cody Caswell
How to Save Thousands on Cabinetry Cost
23 January 2025 | 1 reply
Our goal for the projects we flip and the projects we design for other investors is to figure out how to get the same look at a fraction of the price.
David W.
Should I Build My Own ADU - Multi Unit?
23 January 2025 | 1 reply
I just hired an architect to design and plans submit for ADU in my 8 multi unit to use the tuck under parking.Some people say do not try to be the general contractor as it will take way more time, costly mistakes and will be nearly impossible to manage with current work. best to hire a company that will do it all and cost about $250 per square foot.
Yamil Naf
Seeking Advice: Raising $160K for a Second Short-Term Rental Investment in FL
15 January 2025 | 9 replies
I would designing, renovating and managing the property.
Stacy Fowler
New multi-family property owner
21 January 2025 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Michael Calvey
Struggling to Find Deals? Check Out This 5-Day Challenge (FREE!)
19 January 2025 | 0 replies
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Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
You interior design definitely needs work.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
22 January 2025 | 30 replies
As far as I know, your assumptions about the tax implications are correct for non residents, it was one of the main factors that stopped the idea of investing in Spain for me.
Andrew Fletcher
Happy Holidays everyone
20 January 2025 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.