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Owned by Deir

AP Rentals

1 member • Free

AP Rentals is an educational membership community that teaches STR, MTR, and LTR owners how to build profitable, system-driven rental businesses.

Memberships

3 contributions to Real Estate Learning Community
🚨 Deal Breakdown 🔥🎉
This is the power of collaboration over competition! Just want to share some updates with you all! I know this group is not only nationwide but apparently global, which I am incredibly humbled by and grateful for. This deal is in the upstate of South Carolina just 30 minutes from Greenville, S.C. I am buying this property for $140,000 cash. It’s a 3 bed 2 bath 2 car garage built in 2000 in great condition. Added some interior photos below. I will be paying $30,000 to Jonathan Miller as we worked on this deal together and I wanted to see what’s the most I can pay him as an assignment, because who doesn’t want to see others win. $140,000 + $30,000 + seller & my closing costs = $175K roughly I am going to spent about $6,500 - $8,000 on strong “upgrades” to the property such as, all new LVP consistent throughout the entire home, white interior paint throughout entire house, upgrade all cabinet hardware, fans and light fixtures to a more modern black aesthetic, paint all cabinets (kitchen & bathroom) white, pressure wash exterior, fix a few loose bricks on the front porch and refurbish the back deck. Let’s call it total $185K when you include paying my private lender for a month or two funding it all and things like utilities & insurance. The house is worth in its current value $250K and after it’s simple upgrades will appraise for $255K (conservative comp especially being on 1 acre and all other lots have less land and 1 $255K with less land and less square footage) I will then do a rate and term refinance up to $180K, which is 70.58% of ARV but any DSCR lender will give me up to 80% LTV if I needed it. 2 reasons I only want to go up to 70% $180K is so that A.) I meet my 1:1 ratio on the debt service. (DSCR lenders want to know the the property can rent or cover 100% of the total monthly mortgage of “debt” hence DSCR (debt service coverage ratio)). B.) If I only borrow up to 70% of the overall value, the few thousand in fees can be financed within the loan, allowing me to close on my refinance with zero out of pocket.
🚨 Deal Breakdown 🔥🎉
1 like • Dec '24
@Myles Berrio I plan on getting back into vacation rentals but not under airbnb. I do like midterm rentals but I'm not too familiar with the east coast area. I'm going to dedicate some time next year for travel.
0 likes • Dec '24
@Myles Berrio Yea when I did property management in Oregon the people I worked for had their own brand and site so that's what I'd prefer to do rather than completely rely on Airbnb and Vrbo like I did when I had California rentals.
🔥 Interested In Mobile Home Investing!? ✅
Just released a brand new episode over an HOUR long talking about all things mobile home investing on my podcast! If you guys haven’t subscribed to my podcast you are missing out. Over 65+ episodes already all about real estate investing and almost 10,000 downloads!! Check out the latest episode and would love a 5-star to help improve the show’s reach to help more people in this industry! https://podcasts.apple.com/us/podcast/the-amputee-investor/id1627989516?i=1000679099609
🔥 Interested In Mobile Home Investing!? ✅
1 like • Dec '24
I actually love the idea of mobile home investing. But I've seen so many people just not interested in it. Mainly because of "aesthetics" and no appreciation. But I think it's a "black gold" opportunity. You just need the right strategy.
1 like • Dec '24
@Myles Berrio The area definitely makes a difference. I'll check out your podcast.
Introduction
Hi everyone, my name is Deir, and at my core, I’m someone who values growth, connection, and meaningful conversations. Professionally, I run Accuracy & Precision Management, where I work with businesses and investors either in bookkeeping, tax, or financial planning. But more than just crunching numbers, I’m about helping people understand the story behind the scenes. I believe knowledge is power, and it’s my mission to share what I know to help others thrive. On a personal note, I’m always inspired by people who are willing to share their journeys—both the challenges and the wins. I find so much value in hearing different perspectives and building relationships rooted in trust and mutual growth. When it comes to real estate, I have a background in running vacation rentals and property management for others. Now I'm excited to learn about real estate and get on the path of securing properties of my own, learning wholesaling, and all other avenues of real estate. I’m here to learn as much as I contribute. If you’re curious about what I do or want to talk accounting and finance, feel free to reach out or check out my bio for my socials and website. Looking forward to connecting and continuing to build something meaningful together!
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@deir-clayborne-4247
Forensic Accountant & Strategist for Rentals & Hospitality Businesses

Active 19h ago
Joined Nov 19, 2024
INFJ
Seattle, WA
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