Scott Meyers gave an update on Feb 17th. 

You update them when you remember, which means the numbers you are looking at are often 2 or 3 months behind reality.

Several also have an "edit" feature for posters that can return and edit their posting, reposting the update.

Here are the basics: • 14 units (2 bed / 1 bath)• Built around 1960• 13 occupied• Avg rents about $1,108/mo• Market rents estimated ~$1,350+• Gross scheduled rent: $186k• NOI: ~$135k (per T12) Expenses roughly: • Taxes ~ $14k• Insurance ~ $25k• Water ~ $6k (owner pays)• Other operating expenses bring total to ~$51k Other notes: • Roof reportedly <5 years old• Tenants pay electric• Landlord pays water• Some units lightly updated Seems like there is rent upside if brought to market rents. 

It just needed basic cosmetic updates.

They were originally Info USA when I first used them back in the 70's, the latest update is now Salesgenie.

That's what I did on one of my first purchases.Bought a fixer-upper that needed a LOT of updating, with 5% down.- Updated a lot of the house to increase the value while living in it.- Then got roommates to cover part of the mortgage.- The increased value allowed me to refinance the mortgage to get rid of PMI, lowering my mortgage payment AND pull some (not all) of my investment out.- Eventually moved out and rented it out LTR.If you find a serious fixer-upper that isn't even in livable condition, you can use and FHA 203(k) or FNMA Homepath mortgage to include rehab cost in the purchase mortgage.- Bonus: since not in livable condition, most buyers can't purchase it!

Do you keep it updated monthly, or rely on your CPA to sort it out at tax time?

.)• Light rehab coordination (flooring, small updates, punch lists)• Before/after documentation• Fast turn timelines to reduce vacancy• One point of contact instead of coordinating 4–5 vendors I know stuff like this has been around a while,  i just want to know if i will have good amount kf business.

Hello from Berlin,I've been a member for a while but havn't updated post.I can connect with other Multi-Faimly owners to ask questions etc...