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Real Estate Strategy Lab
56 members • Free
1 contribution to Real Estate Strategy Lab
21h •
Fast-Feedback Friday: 60-Second Deal Desk
Drop one deal and I’ll give you a quick buy / no-buy + next step in the comments. Paste this template: - City/State: __ - Strategy (LTR/MTR/STR/Flip/Wholesale): __ - ARV: __ - Asking/Offer: __ - Est. Reno (or None): __ - Notes (timeline/financing/constraints): __ I’ll reply with: price guardrail, key risk, one action to move it forward. Still not sure which RE strategy to use? Head to Classroom → Start Here → Real Estate Strategy Evaluator to get the top 3 strategies for you then → Skim the Free Resource Library → Strategy Pro/Con Cheat Sheet to pick the right frame for the life you are trying to build. Tag me in your post and I'll get right on it!
2 likes • 6h
City/State: Cleveland, OH (3946 Sackett Ave - 15-minute walk to Cleveland Clinic) Strategy (LTR/MTR/STR/Flip/Wholesale): Long-Term Rental (duplex or possible triplex) (or possibly an MTR?) ARV: ~$150,000 (based on nearby duplex comps $140K–$165K, with upside if confirmed triplex) Asking/Offer: Not currently listed (off-market). Target offer range $120K or below to maintain ≥9–10% cap rate and healthy DSCR. Est. Reno (or None): ~$20,000 (baseline for kitchens, baths, flooring, paint, mechanical tune-ups). Could be higher if roof/HVAC/foundation issues. Notes (timeline/financing/constraints): - Last full reappraisal in 2024; next is in 2030 (with a smaller update in 2027). Current 2024 taxes ~$2,083. - Projected rents: ~$1,050 per 2BR unit → $2,100/mo for duplex, $3,150/mo if triplex confirmed. - Works well with conventional financing (25% down, DSCR ~1.4–1.6). - Off-market deal would require owner outreach and rehab verification.
2 likes • 2h
@Tammy Richey this is amazing! I'll take action and let you know! Thank you 🙏
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@saren-stiegel-1654
Building a portfolio of multifamily rentals | Passionate about neighborhoods & long-term value
Active 2h ago
Joined Oct 3, 2025
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