12 September 2017 | 3 replies
Here are the stats: Construction costs - $50,000 Purchase Price - $225,000 Current Appraisal Value - $375,000 Post Construction AV - $440,000Current Loan Amount - 195,000 Rental Income - $2,800 Mortgage + Taxes + Insurance - $1650 Liquid Cash - $10,000 My partners and I want to get the remaining projects off our plate and are trying to figure out the best way to make it happen.
15 September 2017 | 5 replies
Since then I have closed on a cabin in Gatlinburg for a v/r shout out to Avery Carl for all the help!
25 August 2019 | 8 replies
It began when I bought a Cabin just outside of Gatlinburg and started using it as a V/R though Airbnb.
26 July 2018 | 5 replies
What you can do to make sure you're testing all the layers of paint is to cut a V-shaped notch through the paint down to the bare wood on a part of the exterior.
19 November 2018 | 11 replies
I stay south of Ralph Av and west of I-65 and north of I-265.
23 November 2019 | 37 replies
This is generally the area which is bordered to the north by 295, the east by Ramsey St, to the west by 210, and BUS 401 to the south. 210 and Ramsey sort of form a “V” shape to the south and Country Club Dr. cuts through the middle (W to E).I have recently found several homes in this area which meet my criteria but they move quickly and I have not been able to get one of them as of yet.
11 June 2018 | 9 replies
Looking at this property in Riverside and here is my analysis. 8377 Cypress Av Riverside 92503Lets say I purchase 400,000 The actual rent on it right now is: 550 + 1100 + 750 = 2400Expenses (monthly)Repairs: 50Taxes 366Insurance: 100CapEX: 100Total Expenses: 616Loan20% down, 320000 loan30years @ 4.3% Mortgage: 1139Cashflow: 2400 - 1139 - 616 = 200 monthly Cashflow ROI: 2.61%Just looking for some feedback on this calculation, it looks like it isn't that great of a deal since ROI is only 2.6% but it does cashflow, so it can't be too bad.
6 November 2017 | 5 replies
Have a multi family in Clarksville being build and a V/R cabin.
24 November 2017 | 0 replies
. $1.8Mil AV FMV Purchase for $650K and Seller willing to work with us.Clearly, the property value shows a deal, however, If not for the high income generation per unit, Our Model yields We doubt that buyers are lining up.
11 March 2018 | 0 replies
At the same time not too low that I am totally screwed if that is the minimum that gets bid.Here is the rental listing:https://www.zillow.com/homes/for_rent/30-Carter-Av...Here is the BP listing:https://www.biggerpockets.com/forums/517/topics/544758-cash-flowing-turnkey-3-15-sf-in-dayton-ohioIts a fresh building and new tenants agreeing on three year lease at $820, plus, plus.