I've come across a bit of a conundrum: conflicting information on how to calculate Net Operating Income (NOI).
Every article and book I read has a different take. Some advocate for factoring in debt services, while o...

This means the value of the property will need to be worth $187,333 today to cover your original price, plus the closing costs from the refinance.

It's worth checking out for the community

I have been doing research on markets and it seems like Columbus OH, Forth Worth TX, Houston TX, Chicago IL are the best possible markets in my price range at the moment.I am very motivated and excited to start my investing journey towards financial freedom with the great BP community.

Trying to weigh out if the potential upside would be worth it, but that's a calculated gamble.

Someone made a good point it can be worth it for STR but definitely take a good look at numbers and peak vacation times throughout the year.

After you do all that, take your list and go to 1-2-3 auctions, see what happens.You also have to think about ...could you really go to the next auction with $100K in cash and pick up $5,000,000 worth of property.   

The reality is if you can pull off only one clean BRRRR every year your net worth growth is way head of anyone you know.But that was when we still had inventory and rough deals would sit until the price comes down.

Putting in $35k to get to an ARV of $125k seems like more work/money/headache than it's worth.  

Doing a wrap is a little bit of effort, but well worth it to continue to capitalize on a great interest rate.