Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

Pushing into other, close-by, markets is the best (and maybe only) way to make it work.

What was your process to lock in on that market? 

Higher DemandThe rental market is shifting.

The Japanese market is different in that it is a high yield cash flow market, non speculative investing.

This deal doesn't meet the 2% or 50% rule of thumb, but it has positive cash flow and is in a growing market, according to the latest 2024 Top 100 data from BP. 

Based in Santa Monica, focused on out-of-state markets with strong growth.Not here for sales pitches, just real connections, real deals, and real conversations.

I'm looking to understand how the Columbus market may stack up for opportunity in BRRRR's.

Explore off-market deals where competition might be less intense.Don’t get discouraged—success in these markets often comes from building strong connections and thinking creatively about deal sourcing!

They have been managing fine, although not too busy, I guess because of the market.