All Forum Posts by: Tyler Brantley

Property in River Mill NC

I'm just trying to practice with my calculator. feel free to use this info. If my calculations are wrong please, tell me how I can correct them. This Property with my calculations has a 14% CoC.

Here is the listing Descriptions I found online.

Location in the highly desired Mills River area. A short drive to the Asheville airport, Hendersonville & Brevard. The two buildings offer two units in each with long-term rental history. Both buildings are very well-maintained with unique all metal roof & shingled siding as well, so offers low exterior maintenance. Each unit offers 2 bedrooms & one & a half baths. The main levels of each of the four units consist of a kitchen, living room, & half bath & laundry room. Upper levels have 2 bedrooms & a full bath. All offer an exterior rear door to their private entertaining patio's with 3 having Pergolas & storage. Common fire-pit for entertaining & rear security light. Unique design of the buildings will never grow old & metal shingles & roof for longevity is amazing. All have heat pumps, & all on individual meters. Appliances in each convey less the tenant-owned washer, dryers. Plenty of parking & guest parking area next to walled dumpster area. Year round Mountain views.

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*This link comes directly from our calculators, based on information input by the member who posted.

How can I find good esimates for what I should put for gas, water, and garbage? also is there anything that I am missing to make this not a realistic rental
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*This link comes directly from our calculators, based on information input by the member who posted.

do you have a property your eyeing yet

whats your CoC?

Hey @Tim Herman, you're absolutely right. Adjusted my numbers using your averages for vacancy, and management. Investment is looking more realistic now, and not as attractive. CoC is at 0.23 with cash flow of $17.

Thank you for your sharp eye. I'm all ears if you have anything else to teach.

I do drone and camera work for properties, if we are in the same area. I'd like to help each other out. 

What have I done wrong here surely this is not a 22% CoC. Calculated using a FHA loan 3.5%.

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*This link comes directly from our calculators, based on information input by the member who posted.

Fairly new to this. What would be the best way to learn how to get my toes wet when it comes to whole selling

@Josh Caldwell how can I learn more about whole selling and getting my feet wet. I’m a soon to be medical traveler and I want to learn how to wholesale on the side while I save up capital to buy rentals. Thank you.

Recently getting settled in Greenville North Carolina and trying to find other investors around my neighborhood. I’m curious to to know what would be the best way to do so!

Coming up in January I will have my two years of clinical. My girlfriend and I are going to be medical travelers for hopefully the next two years to raise capital. I'm eager to start investing while my partner in crime is more financially cautious. Should we wait until we are done traveling to start investing in real estate or should we try to get something started now? The pros I believe would be we would start learning skills now, the cons would be we wouldn't near investment properties very often i.e. medical contracts are usually 3 months and then off to the next spot.

Should I try and pick up the whole selling?