Purchase price: $55,000 Cash invested: $30,000 Purchased property was renter-occupied at $600/month at the time of purchaseDid not renew lease with tenant.Completed full Renovation at $30,000 6 days on the rental market before the property management team got a signed lease at $1200/month Renter moved in July.ARV $179,980 What made you interested in investing in this type of deal?

I’d like to connect with you and others about buying a home near Cold Springs (Toulumne County)  to turn into STRs (permit process, cash flow expectations, etc.).

There are also a lot of problems with this model that make it dangerous or possibly illegal.Third, BP is full of free information and you shouldn't need to pay for a course when all the information is available for free or in a few books.1.

Are you cash flowing the property?

For my OOS rentals, they're either in places where I used to live, or where I have family... not random markets I picked solely because the median price is low and the made up cash flow based on rosy assumptions is high

Please feel free to reach out if you would like to connect

Check out FilePlace, where user-created forms are available for free.

Purchase price: $250,000 Cash invested: $65,000 This is my first flip.

As long as I'm cash flowing, then I just slowly raise the rents over time.

Feel free to reach out if you have any questions or if there's anything specific you'd like to discuss or learn more about.