So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.

Do you prioritize cash-on-cash return, equity buildup, cap rate, monthly cash flow, or something else entirely? 

The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.

For an example, we Googled, "hourly rate for handyman Austin, TX" and got this:AI Overview: As of January 2025, the average hourly rate for a handyman in Austin, Texas is between $25 and $25.28.

I was able to fund a brrrr deal using 0% interest rate business credit cards ($95k across different cards), I didn't have to deal with lenders and their high interest rates or their draw request process to access renovation funds.

The house was bought first week of decemeber with a finish date planned for March.The went over the time for completing the work and blamed it on the snow in the area.  

I wouldn't touch your current loan unless rates drop 1-2%.

Ask around but tbh most rates are going to be broadly similar 2.

Hello Jon, Renting a 3500sqft house comes with a few challenges.

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?