Brandon Mcthay
Investment Opportunity South Florida
8 June 2024 | 0 replies
North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?
Account Closed
What is a realistic cap rate/CoC for off market deals?
8 June 2024 | 11 replies
Long term I think things will shake out.
AJ Exner
New Member - Post BPCon (Best way to get started on here)
7 June 2024 | 8 replies
I think there are a few private money lenders in our group including myself, people are always needing funds, and there's a few wholesalers that also are passing deals around.
Amy Muir
To Sell or Rent Ocean Front Condo
7 June 2024 | 6 replies
The agent we are working with would like to list it at $1,300,000 OR I think we could rent it out for $5000-$6000/mo.
Mark Albini
Building low cost, section 8 shipping container homes
7 June 2024 | 13 replies
I've been thinking of purchasing a lot to build a 3 unit building made out of shipping containers.
Kenneth Jenkins
How to Build a Solid Team When Looking to Scale
3 June 2024 | 3 replies
How can you find enough deals to hit critical mass?
Corbin H.
How to fund massive unexpected repair
10 June 2024 | 40 replies
I would get at least 3 estimates and I don't know your market, but I would think one of the plumbing companies would have access to give you financing.
Michael L.
Is it better to rent for the company or acquire a company with the equipment?
8 June 2024 | 7 replies
great minds think alike!
Josh Auerbach
15 year mortgage + recast?
8 June 2024 | 2 replies
I’ve been paying off extra principal each month but have started thinking it might make more sense to save up that amount and do a recast when it gets large enough to increase cash flow.
Wesley Bryant
What's a good IRR on a long term rental?
8 June 2024 | 1 reply
@Wesley BryantHistorical figures showed real estate and the markets are very similar for returnsIf you are more active as an investor then their is opportunity for higher returns just as if you wanted to be more active in the market.The reason why it might be worth one or the other is diversification and investing in non correlating assets.I invest in real estate because (I think) I know what I am doing - and for stocks that is not my specialty.