The closer to get to i94 the more valuable it’ll be, but it won’t go crazy like Logan or Avondale.  

I plan to move down to Miami to be closer to more investors and a better quality of living.

The guy who runs it lays it out like this..1-5 rentals you are still doing okay, have more stuff come up between all rentals the closer you get to 5 or at 5.

Illinois is a great market, but I agree with most that it would be much easier if the investment were closer to you.

The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

It is 7% interest only with balloon at end of 7 year term.Monthly Interest: $7,875.00Annual Expenses: $50,000.00---------------------------------The NCF in year 1: $26,000.00+2nd year is when it really takes off at $80,000.00+ Thank you for the advice on looking at refinance a bit closer.  

It can be a drawn-out process, but it might get you closer to that $500k value.

That said, I am thinking about Wake Forest, Garner, Apex as frontrunners based on the fact that they are closer to RTP and have generally good schools.

I'm getting closer to being an investor! 

I'm trying to start off with something closer to Houston as my first property, but will keep College station in mind for the future.