Sellers who are willing can greatly increase their chances of selling by offering lease options.It would be great to hear some more strategies that are working great for the rest of you!

Here are the details:The Asking price is $229,900Taxes are $6595.00Apt 1 - Lr, Eik, 2 Br, Fbth (Average Rent - $1200 - $1400)Apt 2 - Lr, Eik, Br, Fbth (Average Rent - $700 - $900)Bank wants buyer to pay transfer tax.I have no estimate on repair costs since I haven't actually seen it or had an inspection.

As to the initial posters' question and from one that really feels I had a chance to create 1B in wealth, I don't honestly believe you can now do that only on real estate.

If you don't pay any taxes due by the 4/15 deadline then you get hit with penalties and interest.BTW, I have a brother-in-law who is an IRS auditor, filing late absolutely does reduce your chances of a randomly chosen audit.

I never attended his seminar or boot camp, but will the first chance I get.

We have a PA investors groups that you are welcome to join if you get a chance.

Hello all,I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.Location and repairs aside, strictly by numbers, what do you guys make of this deal:Single house, 3 fam:- 2 bed/1 bath- 2 bed/1 bath- 2 bed/1 bath- 2 car garage- separate metersTotal rent is $2,500.Monthly taxes are $320What would be a good estimate for monthly expenses (50% rule??)

At the price I am getting these homes at, they will not depreciate below my investment and have shown to come in exactly where I estimated they would after rehab.MattYou do not see crack dealers and hoe's standing on my streets.

And I've created about 1200 estimates.

R.E. is stressfull the highs and lows of one day thinking your getting a check for tens of thousands to ten min. later no chance of anything untill you put another deal together.