We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

Hi Amir -A good place to start with BRRRR in DFW is by building a solid team: investor-friendly agent, lender, contractor, and property manager.

@Tyler Garza With my CFO clients, I generally use 8% vacancy and 25%-35% operating expenses depending on if they are self-managing or using a PMC. 

For example it is my understanding that Big Bear allows it but whoever is managing the property has to live within 1 hour of the property. 

You'll never convince a tenant that they are getting a good deal, especially as a self manager, no point in even engaging in those conversations. 

The growth of 1.6 million additional residents will require investments in infrastructure, housing and transportation, the organization added.The numbers were provided by the group’s research team with data from the North Carolina Office of State Budget and Management and the South Carolina Department of Revenue.

The place where you can add value with no money is a situation like: you find project A, it is a 120k purchase and it should need 80k rehab but you can get rehab done for 65k cause you can do some of the work and you know how to save on materials and you can manage the rehab. 

We will certainly manage the drawdown from those funds to account for tax consequences as best we can.I appreciate the calls for diversification and I get that cash flow is a tougher to secure with interest rates where they are.

Duplexes cash flow better, have less risk, AND EASIER TO MANAGE compared to a SFH.  

They offer weekly training sessions on everything from investing and construction to vendor management, cash management, market analysis, and home underwriting.