17 November 2016 | 60 replies
Then using whatever application (I use quicken), it would be enter as 8 different units, but it would all roll up as one account.I do it as 8 different units so that on the report if I ever needed to produce one for a tenant it would be easy to sort, but under one account so that the total rents received would be on one totaled line for the CPA.
20 April 2017 | 13 replies
I was incredibly organized throughout my loan process.
3 May 2017 | 11 replies
Cleveland and its surrounding suburbs can really produce some amazing ROIs.
7 May 2017 | 2 replies
After listening to many, many BP podcasts and reading a couple flipping centric books the last couple weeks I am super excited to be taking the next step and getting involved in what seems to be an incredible and diverse virtual community of like minded folks.
5 September 2016 | 7 replies
However, if there is a turn-key opportunity available in the Fayetteville area, that produces solid cash flow, I would love to hear about it.
4 October 2016 | 20 replies
I don't touch anything that won't produce at least $50k profit or a 20% ROI as a rental.Finally, I got a contract on the house across from the one in this thread. $45k for a 1610 sq/ft block home on great 3/4 acre of land, currently 3/2 but there is a permitted addition that is 23 x 12 feet and I will convert it into 2 additional bedrooms.
23 March 2017 | 8 replies
It feels incredible to put everything I've learned and read over the past couple months into action.I know it could still fall through for whatever reason; but, at this point it's safe to say I am hooked.
12 April 2017 | 19 replies
A key component is a reliable NOI, which does not exist on a vast majority of single-family homes because they are entering a market to produce and NOI for the first time.
13 February 2018 | 20 replies
I invested in producing an "Elevation Certificate" that didn't help at all.
26 June 2018 | 38 replies
Even 2-4 units and employing an aggressive air bnb strategy, produces very tight numbers.