What cap rate do you consider strong as a buyer right now when purchasing one of these locations?

Purchase price: $325,900 Cash invested: $16,295 Single Family new build townhome. 3 bed, 2.5 bath, 1795 Square Feet

Plan to purchase in northern Virginia or Maryland.

Congrats on your purchase and getting into RE investing.

@Donnie Tucker how would you specifically compensate a property management company?

Purchase price: $100,200 Cash invested: $32,000 Sale price: $212,000 Contributors: Peter Vekselman Partner Driven, in partnership with Ron Rowan, purchased a home on Dearborn St, Hobart, IN, for $100,200 on 2/21/2024.

We are purchasing 1.39 acres of land and plan to utilize a workforce housing ordinance through the county to reduce the required lot size to fit more houses onto the land. 

Yeah if we had a re-do button perhaps we would have skipped this last purchase or done more due-diligence prior to the purchase.But very happy with our other properties.....Hi Account Closed - Where is your STR located ?

I used a heloc to purchase one of our properties.

It's going to depend on where you are purchasing.