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Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
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We just purchased an 89 unit property in Jacksonville, Florida. The JAX market is pretty crazy and Costar is projecting 15-25% rent growth for 6 quarters straight. For comparison, we budgeted 3% annual rent growth. ...
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First I would like to thank everyone on BP for giving me the courage to even try this.
Ok so I wanted an opinion on a deal.
Asking price: $170k
Rehab: $65k estimated but I think it will be a lot less
4 family
Irv...
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Good day,Wanted to reach out and get some feedback on a particular topic of cash flow. Since the tax season is coming to a close I had a question on how to shield or protect your annual cash flow from being considere...
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Hello,
I am a investor that has become a Realtor. I feel like I am very conservative when I run the numbers on a property.
Example
A=$1200.00 Properties monthly income
B=$220.00 Monthly operating costs (property ...
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I’m looking into buying my first STR. I have been looking at Branson MO. I am looking at other towns also. Would like to meet and talk to people who are in STR right now.
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Hi, guys!I've been looking at this property for a while. Little vacation home in front of a nice lake, been for sale for some time. Basically the owner is moving on to bigger properties and this has become a pain in t...
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Hi, I have read several discussions regarding STR's in the St. Petersburg and Pinellas County area. I find the zoning codes confusing and some people in the discussions have said it's basically a "don't ask, don't t...
What have your experiences been with old sewer lines? When have you decided it is definitely necessary to replace them? I have a unit that was really backed up and likely hadn't been serviced for years and years. A...
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I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $...