Recently bought a fairly expensive property in my area (KY), I know this is not a good market to flip and sell in so I was thinking even though this will not end up being the best cash flow deal. I will probably hold it for a few years hopefully gain some appreciation and utilize the tax benefits. Seller financing this on a lease option may be another feasible exit strategy, It doesn't help that the HOA frowns on rentals. Would you Hold, Seller finance or list and see if it sells? I could also pivot and make this my primary. Numbers below $196k PP $5K Rehab (carpet and paint) $240-245K ARV $1,900/mo. Rent

Great talk today ✅

We talked about this on Sundays Contractor call but I wanted to post it here for the masses. I have a property under contract. Original plan was buy at $182k, put roughly $80k into rehab, and rent by the room for about $4k/month. That version means I pay utilities, deal with management, vacancy, and higher ongoing reserves. If I BRRRR it, I’d have little or no cash left in the deal, but lower ongoing cash flow, infinite CoC on paper, and a higher-value property (with higher taxes). Now there’s an as-is option. Current rent is around $2k/month. A national sober living group will take it on a multi-year lease. That cuts out day-to-day management and vacancy. I’d still need CapEx and maintenance reserves (higher if I skip the full reno), but the operational load drops a lot. This path leaves a minimum of ~$40k cash in the deal and currently pencils to about a 10% CoC — short of my 12% target today, but a proposed rent increase in six months could get it there. On a 30-year note at 7.5% the payment lands roughly $1,000–$1,150 depending on down payment. At $2k the note is covered with room for reserves. The rehab/BRRRR path gets to ~$4k but adds the $80k, utilities, management costs, more moving parts, and less residual cash flow after the refinance. The original plan wasn’t crazy — it was a way to push income, improve the asset, and recycle capital. The simpler path also clears basic underwriting with less effort, less operational risk, and still a respectable return. For those of you who underwrite deals like this: Would you stick with the BRRRR / rent-by-the-room plan for the infinite CoC and higher value, or take the multi-year as-is lease, leave ~$40k in, and accept the ~10% CoC (with upside to 12% soon)? What would tip it one way or the other for you?

Hello, Currently on year 9 of real estate investing. Scaled to around 53 doors in 3 different markets OK, CA, and AL. Started house hacking in Bay Area, CA then transitioned out of state to apartments in OK and new construction in Huntsville as I wanted more cash flow. I bought most of my rentals during the sellers market of 2020-2022 and have slowed down significantly during the higher interest rates. At this point, I am transitioning into chill/harvester mode aka want to sell my lower performing or more headache rentals and use that money to pay off my primary residence and to build an ADU cash in CA. Still work a full time W-2 and rebuilding up my cash reserves. Net worth is about 20% stocks and 80% real estate. After selling some rentals, will likely be closer to 40% stocks and 60% real estate. I hope to retire in about 5 years and this is my tentative retirement portfolio - paid off primary residence in CA, 10k/month cash flow from real estate, 10k/month from 4% rule, 200k in cash reserves. Curious to hear your thoughts