You da man!

So the government will make on this transaction more than the realtor, more the the mortgage company; da man is the second highest earner in this deal....100k roughly.

Da' Bronx seems to be on that same trajectory now too as we've noticed in the amount of permits being issued and all the formerly empty lots with construction barriers set up.Hoping to exchange any creative ideas as we work the "get rich slow" plan. 

"go throw your money in bitcoins or the stock market if you're only going to get 5%" I know some other investors won't even touch anything that isn't north of 15 or 20%. but hey we're just mom and pop starting out here.initial-995000year 1513year 21400year 32325year 43255year 54209year 65181year 76168year 87180year 98208year 109261reversion1650000Cash-on-Cash Let's assume the same numbers SGAI= $66,00012% V&C @ $-7920Effective Gross= 58,080Less op ex-taxes (assuming assessed value somewhere in the range of 900k), DA's= 10,700-insurance @ 900-repairs 5% @ 3,300-capex 5% @ 3,300prop mgt 10%@ 6600 (even though we'll be managing it ourselves)op ex at -24,694NOI= 33,386debt service ($2,460 monthly) @ -29,520pre tax cash on cash return of $3,866investment down on original SFR= 168kNC cost of rear unit = 325kall in cash amount = 493kCoC of .78% ....If you take out prop mgt of 6,600 (because we'll be managing it) its 2.12%...Is it safe to say that COC is not as useful in sub-markets/properties where the properties don't necessarily cash flow great and lots of the upside rests in the rental growth and appreciation? 

@David Da Silva Welcome to BP

That is why the world has specialists in different areas-utilize these Professionals. 6) Your beginning real estate investing team should consist of: A) an investor-friendly Realtor, B) a Real Estate Attorney (where real estate transactions are the focus of the practice), C) a General Contractor (Introduce yourself, your investing plan, then ask for help when needed), D) a List of Buyers-Your "A-Team"/partners will grow and change throughout your investing career.

Mike Baker, you da MAN!  

Luckily the police and DA agreed with us and arrested him yesterday and charged him with Extortion for his attempt to blackmail us into revoking the eviction notice and not raise his rent in exchange for him not filing his false reports against us.

Listen up buddy, i was just asking "What I should DO" To get started, not to take a project with no experience "DA"1.

Isn't @Ryan D. A