After ten years compounding at 5% that amount would be worth $1,348,602, which would really be $1,256,344 after accounting for LTCG @ 15% (1,348,602-733,500 * .15).Final amount for condo conversion: $1,256,344Pros: After money is reinvested, passive incomeCons: Taxed twice, once on sale, once when investments are sold, no real control over money once investedScenario 2: 10 year holdI pasted my numbers at the bottom of this post so it's easier to see, but my thought process was as follows:1) Calculate value based on reasonable appreciation trends, plus cash flow.

i use that one, and @ameliajorei (on ig) used to sell a 'tenant welcome packet' that i use too, i'm not seeing it on her linktree but i'm sure she still has it for sale somewhere online. 

Sounds like they make money in some other ways like origination fees or taking equity from short sales but I doubt that happens often. 

I'd say for both markets some things you'd definitely want to have an idea of would be Median Sales Prices, Median Rent Prices, price-rent ratio, days on market and then also % of price increases for the last couple of years.

Hello everyone,hope your enjoying your Sunday.I was wondering what is the best way to find comps when doing a flip?

I know one of my first steps should be to seek pre-approval for a loan, so I am wondering if any other Georgia investors have recommendations for lenders in the area that I should prioritize reaching out to.

Just wondering.  

My wife and I are tossing around the idea of selling our current home and buying a duplex, moving into the vacant side so we can purchase with less money down and begin our investment journey.
here are the details:Sa...

The after-repair value (ARV) of the property is estimated at $260K, which could net a profit of $15-17K after selling expenses.At the sale price of 260K, the property meets the one percent rule and features a brick exterior, new roof, 2 new bathrooms, and 1 new kitchen. 

I’m wondering if anyone has any recommendations for project managers with contractors in Cleveland?