All Forum Posts by: Luke Carl

If anyone has true figures they can send for STR properties breakdown that would be super helpful. LTR is pretty simple but this is new to me so a breakdown love sample would help ALOT. Feel free to removed property specific info and address etc!

@Luke Carl Thanks for reply. That is kind of what we saw, there is two folds of story:

1. Economics of sale. The number of bedrooms is matters for price and cost. But there is kind of limit here, 900k range house might have better benefit for cost (per room per year) side than the 600k range house? So I think it is determined by so many factors to choose the best sweet, since we only care about the bottom line, which is the net income.

2. Location and features. That is determined by DD process.

What I saw in the market, is that 400~500k house seems to be not so much benefit of cost, and GRM is not so great as well. But when you get into 600+k or even more, the GRM seems to be better and benefit of cost is much better?

Hi everyone I’m a newbie to Real Estate investing and I just wanted to introduce myself to the BP team. I’ve currently been gaining so much knowledge in wholesaling but have yet to implement what I’ve learned. I’m from Tennessee and I’d love to pick minds with someone from Tennessee that’s been successful at wholesaling around the area. I’m close to Memphis TN & Jackson TN and I will be wholesaling in that area. Even if you’re not in the TN area, I’d love to chat or get some useful information that would be useful for a Newbie.