I am also going to gather other investors and put our heads together, to put a stop to this nonsense of them raising property taxes every year.

My thought is that the sellers (currently estate managers as owners have passed) would be motivated to move quickly if we take the tenant problem off their hands.Now, this probably raises lots of red flags, potentially even prompts some laughter at what a terrible it is, which is why I'm here asking!

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent  Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

Did a deep dive of multiple scenarios for Oleatha and know the key is raising rents to $700/unit664/3/20219:20 AM9:35 AMSubmitted bid requests and called two tree services to inspect the large tree in back of Oleatha for health.

Whether that is raising the income, lowering the expenses or both. 

This is also known as credit card stacking.

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

These are experienced investors that raise capital through private investors, they buy the property, you share in the return.

Thank you all in advance If you are asking about getting a secured credit card, then I would go ahead and get a credit card.

I want to raise the roof.