Forgot to take out expenses from 49k.Would have to rework note from seller-.Like Belinda said- lots of factors here.Owner financing the way to go and obviously the longer he will finance the better without balloon.My apOlogies about NOI.Belinda is right on.

Obviously REI meetups and networking, , but just basics of how big RE works , cap rates , Noi!

I have been reworking my Maintenance and Repair and my CapX numbers a couple different ways and I keep getting approximately the same numbers.My typical unit I am looking at is a 1000 sf 2/1 duplex or 4-plex with hardwood floors in a C-B neighborhood renting for $1000-$1200 built in 1890-1970, yes, quite a range.I added up big ticket items like roof, water heater, new kitchen, etc and divided by life expectancy and came to $1000/unit/year, so I'm assuming $1200/unit/year with a buffer.

Thank you for telling me (us) that, I may rework my marketing approach to test this.

Now, looking back I've gained a much better idea of what I really want to say on my postcards, now I've got few hundred left with things I'd like to rework on my next batch.

I haven’t chosen to use leverage later so I could get a grasp on how re works without a mortgage or note.

Demo, Ikea kitchen install, LVP install, painting, load bearing beam install, reworking a hallway.