Avoid going for the cheapest properties, as those often come with higher turnover and more property wear-and-tear.Rental Rates vs.

You pay your agent at closing (think of it as an additional closing cost) Depending of the situation and of these options can be used by you and your agent to negotiate with the seller.

Take your sales price, minus selling costs, minus any capex, minus purchase price and that’s your taxable gain.

You end up with Hotel Quality sheets / soaps for the cost of Amazon or even less.

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

Finding durable products at reasonable costs. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I have other money that'll cost me 10%.

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

Hi @Damon Diddit I would avoid Newark at all costs.