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23 February 2025 | 10 replies
Are you getting the property at market rate or below market rate?
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29 January 2025 | 22 replies
House hacking is a great way to get started.
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10 February 2025 | 21 replies
I would not recommend them as their points and interest rates are so high it is extremely hard to find a deal that will work with the 0% down.
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24 January 2025 | 1 reply
But SFH are already seeing renewals at 2%-4% and release rates up at least 5% YoY...that number is even higher on some luxury ($3k+/m rent) homes as those are harder to find.The rest is entirely speculative.
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18 February 2025 | 6 replies
I was looking at procuring the flooring from Costco for around $2/sqft and having a local installer put it in, but I should check HD and Lowe's to see what the comparable rates would be.
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5 February 2025 | 69 replies
Started the process on 1 house in Cape Coral Nov. of 2021.
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12 February 2025 | 2 replies
I did market analysis to find the right rental rate.
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23 January 2025 | 2 replies
I have a property on the barrier island that I do not want to list on MLS but I am interested in connecting with realtors or investors who typically sell or buy pocket listings and may be interested in this property. ...
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6 February 2025 | 3 replies
What is the current interest rate on a private money loan approximately $300Kthanks
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19 February 2025 | 8 replies
It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.