The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370

I should share the capital stack, not pretty but gets the job done. rent price per square foot is super low.

You paid the market price and own the liability.

Going for the 4 bedroom home thats priced in the realm of 3 bedrooms.

I would just add that some of those lower priced, cash-flow areas will also come with more intensive management requirements.  

Let’s say you own a land lot worth in the market only $20k, but because land prices are all over the board, you have a legit appraisal at $50k.  

To learn more about the space and discover the opportunities, difficulties, ups and downs of being a host as well as funding my STR in the future, I have been organizing and building a co-hosting company with hopes of helping hosts relieve stress while at the same time discovering what it means to own an STR and what it takes to have happy guests.

Purchase price: $60,500 Cash invested: $40,000 Sale price: $205,000 Hoarder house foreclosure. 150 contractor bags, and a couple rollaways of garbage later we could start the demo.

Hey @Nancy Bender, ok so you have a base price on the place.

Price them out.