Personally I feel like this is too many and no offense to any of the tenants can’t imagine why between the 6 of them they can’t afford the rent.

Building homes is fulfilling and lucrative but I often feel like my days are spent just chasing down contractors and materials, and pointing out everything that is wrong with work that has been completed.Over the last ~6 months I thought long and hard about all my options.

Everybody’s talking about private money lending however, unless you buy their system, they won’t tell you who they are… I just feel like I’m swirling the bowl

There are thousands of locations that make a great place for a STR, but if you can make it personal not only do I believe a self-managed STR performs better, but it helps with analysis paralysis.Also, if you need help running numbers, we offer that complementary to anyone, so feel free to reach out! 

Get out of your comfort zone.

Feel free to reach out and connect if you have any more questions. 

You can get into two more deals comfortably and as you look for these deals you may find one that BRRRRs nice and actually pays 500/month in cashflow. 

Your valuation is what you feel comfortable putting the deal together at.Ultimately the buyer determines the sales price, not the seller. 

feel free for any feedbackNote: that property was sold, it was a good deal, but it in no way fit my position

It’s not so much a cap but by the time lenders add in all there fees, origination fees, doc fees, etc it ends up feeling like a 20% down payment to close instead of 10%.