I don't play around with other people's money.As for sticking to Gilbert or checking out other cities around Phoenix, I'm doing my best to look at every city. 

He’d likely play the role of buyer’s agent, contractor, and rental listing agent—something we successfully did last June.

So the Jan 13,  2025 deadline is no longer in play

Not the cash flow play a lot of people expect. 

While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.

Hey Eli, Great question on the 6% and it does play a factor into the cash flow.

I have seen these circumstances; people die, go out and buy a car, lose their job, etc… Just my own two cents, I’m not an attorney, just play one on TV

It’s always interesting to see how people’s backgrounds play into their investing strategies.What kind of multifamily properties are you eyeing right now?

Sometimes the best investment is found in a 'transitioning' market that is just outside the 'great' market and is in play to be the next great one. 

@Tyler MageeHey Tyler, with you being in Tampa and have 150k to play with, the possibilities are endless!