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5 October 2020 | 18 replies
I am looking at Colorado Springs, CO for SFH to invest (doable than Denver for my budget).
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3 March 2020 | 2 replies
I was running the budget for the 7 unit only.
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1 March 2020 | 4 replies
You will have a hard time with that as the all in budget but its possible.
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29 February 2020 | 4 replies
Not exactly prime areas, if you increase your budget up too 215-250 you can absolutely get any type of home you want within 30 miles from Tampa.
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11 April 2020 | 4 replies
Give them a budget and let them handle it.
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1 March 2020 | 2 replies
I live in Jacksonville, North Carolina; however, I currently drive throughout the US for a large transportation company as a truck-driver.Since I am rarely in a single location for more than a day at a time, Investing is challenging.
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3 March 2020 | 19 replies
Need to do a more detailed analysis here but I would expect relatively low cap-ex in the next 10 years.Home is in a good area (on a quiet street but still walkable to restaurants/bars/parks, schools are average to above average)Expected rent would be about $1500/m based on quick analysis of current listingsOur new location we're moving to will be about 10-15 mins awayI would like to manage this property myself but budget for property mgmt anywayIf I get into this and HATE being a landlord, or decide owning rentals isn't right for me, I have 2 years to figure that out and at that time could still sell the home and not pay any LTCG tax on the proceedsShort term goal: Since my personal situation will inhibit my time and ability to pursue scaling a rental property business in the short term (say 5-10 years), the goal of renting this property out will be to pay it off as quickly as possible and let it sit there providing good monthly cash flow, or possibly refi to lower monthly payment and increase cash flow if the payoff timetable isn't short enough.Long term goal: I would tentatively like to scale into owning maybe 10 or so rental properties at my time of retirement (say 20 years from now) to provide good cash flow in early retirement, and to keep me busy.
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2 March 2020 | 0 replies
Route we go will depend on total budget and timing.Anyone have any recommendations to share?
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4 August 2020 | 5 replies
@Bayra Batchuluun it depends your location, project size, and budget.
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4 March 2020 | 3 replies
Hi Kristi,I might be a little confused but why would your acquisition budget be slightly higher for BRRRR vs flip?