All Forum Posts by: Larkin L Adey

@Justin Hannah

The cash flow is 700/mo but I alsways try and keep repairs/capx/vac seperate. If I BRRR it is slim. Just dont want to tie up the cash long term. We have another that is going to go soon and would like to use it again.

The property is in my area so very easy to manage...

@Nathaniel Fulford

55k includes the renno.

It's really more like 700/mo cash flow, but I calculate repairs/capx/vacancy.

Another deal, another day.

SFR 3/2/2car Nice neighborhood.

Rents 2000 Net, Net, Net 205/Mo

Cash on Cash 4.5%

55k down

BRRR and take the beating of double finance fees,or leave the cash in and hold the equity.

Or try and flip quick for a possible 15k profit.

This one could go any which way. Thoughts?

- Larkin

@Ashraf Spahi

Yes, on all three fronts.

Cash flow = 600-700/mo

Flip = 15k net

Skinny for a flip, but tied up some capital that I'd like for the next. I'm looking to add doors, but it's a hot market still here, so thinking keep it moving until things slow down and prices drop then return to adding long term doors.

Thoughts?

@Larkin L Adey

Any takers?

@Byron Scott

Happy for you, keep the faith and be good to people. Pay it forward!

Greetings BP,

Twin Cities suburb

Currently have a 3/2 with 2 car attached garage wrapped up on a PA at 199k,

ARV 257-264k

Rehab 15-18k

We are adding a 4th bedroom.

PITI 1386/mo

Rents will be 2100/mo

Or try to sell at 260k

Market is overheated and it's late summer. In the northland, after the snow falls things slow down big time. Will be ready to market by early Sept.