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Looking at a STR property in Tampa Bay, and the numbers are crunching pretty well but its in the flood zone area. The numbers are good and is a turnkey existing Airbnb property. We are concerned with the flood zone ar...
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I just finished the BRRR Book and I'm trying to understand the purchase process. IOT to properly BRRR I would need to buy a house roughly 75% undervalue, correct? For example if I saw a house for sale for 180K I would...
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My husband and I begin construction this weekend on what we have termed "little houses" in Kyle, TX. They are one bedroom, one bathroom, 450 sq ft SFH for rental investments. We're at the point where we're wondering i...
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Long time lurker, first time poster.I have noticed with this BRRR model. That with many properties if I leave 10kish into a property. Many of the properties I have been analyzing will meet cash flow standards. Ho...
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I'm looking at a deal right now - 16 unit apartment complex. Asking price is 1,435,000 and the units have been recently refurbished. NOI is claimed at 100k making the cap rate 7%. Assuming someone put down 20% on s...
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Since we all have our own definition, I think it would be helpful to describe mine and see what insight you guys have and what your definitions may be. Please let me know in the comments below if this is helpful, or i...
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Tiny housesPeople are living in these 150 to 350 sq ft mobile houses. I think it's a lifestyle thing because mass America wouldn't live this way.I would rather increase my income then have to live in such a small spac...
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I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
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What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
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I have a question about investing in Detroit. First, I want to say I am new to investing, and I do not plan on investing in Detroit. I plan on concentrating on my local market. However, with Dan Gilbert making huge in...