I am looking to pivot to out of state BRRRR's in cheaper markets to continue to build my cash flow.Ohio, Kansas and Texas are some markets I am currently looking to BRRRR.

. - Increasing population is increasing demand - Labor trends seem to indicate that a large percentage of the "jobs added" in the jobs report over the last few years are works who are new to this country. - A dramatic increase in the supply of willing workers usually results in a decrease in hourly wages. - A dramatic increase in the supply of folks needing a place to live usually results in increasing home prices and increased rents.

NV and AZ have low property tax rates compared to my 2.72% and 2.78% Indy property tax rates, which also saw a 17% increase the last assessment.

I know a lot of the big name builders are building entires neighborhoods of smaller homes.

Hi Community, Requesting help form all East Bay, California builder/investors experienced with an ADU (Additional dwelling Unit) build.  

New build lender Lessons learned?

I quit an unhealthy corporate job last year, and while I’ve been thoroughly enjoying my respite (I’m currently in Colombia teaching yoga at a hotel in the jungle!)

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

The house appraised at $69,000 last year.

With an FHA the MIP lasts until you refi out of the loan.