Any feedback would be great:Purchase Price: $219,000, 90 days on the marketSurface area: 1900 sq ft1 unit renovated in the past year which includes new flooring: $800, other 2 units: $690 eachEach unit pays water/sewage, $50 internet feeCondition: roof is ~15 years old, will need replacedI was provided with an expense report for the 3rd quarter of 2023.

Have your agent verify all pertinent information and provide video walkthroughs of the property and community. 

They should be able to offer this service for free to their hosts and provide a value add for their fees.  

Formula's and calculations certainly can predict or provide recent averages, but when the rubber hits the road we all want to know the exact amount of money in our bank account. 

It didn’t work out for me because according to the formula my “coach” provided, this deal did not include at least a 10% profit, and I didn’t care that it was a 6% profit, it was a good profit, and it wasn’t going to be the only deal, but I pitched it to the private money partners I was given access, but It wasn’t jumped on fast enough before another investor snatched it up for $1.3 mil all cash within a couple of days of my walking it.This was the problem with this “coaching” program… all my potential deals fell through because there never was at least a 10% profit, so I couldn’t get attention quick enough from the private money partners before another investor came in with all cash.

I believe there's significant potential here, and I'm eager to explore options that would maximize its value without the need for immediate cash investment.Thank you for any advice or connections you can provide!

However, it would provide us with the necessary funds for the repairs and potentially a down payment on another property.

Please provide related articles if you know of any.

The GC provided an initial very rough turn around time of 3-4 months to completion, which would have been to the end of October at the latest.

Lots of great meetups here as well if you'd like to come out in person and meet many of the top players in person.