The deal is as follows: Eightplex in Hickory NCAsking price $210,000 (trying to get it down to 150-170k, but am using 210k for the numbers) Gross rents: $2,900/month or $34,800/year (Between $330-400 a door) Tenants pay all utilitiesI am requesting a 1040 schedule E and the T12's from the seller, but for now am forced to use the 50% rule. using that, operating expenses are $17,400 NOI: $17,400Cap: 8.28 Debt Service: $8,700Equity Dividend rate: 16.5% The area isn't great or terrible, probably a C or C+ area.

E-mails on city web site.Thanks for being on our email list.

There are plenty of opportunities at low or no cost to meet local R/E Investors.

Is it on a Schedule E or a schedule C?  

two schools of thought here.One is your ONLY job is to get an appointment.. as real estate is belly to belly.. to easy for people to blow you off on the phone or e mailTwO.. you want to qualify them so you don't waste your time..

I'm not that well informed about the E.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

If so, simply message me your number and e-mail and I'll be sure to send out Cobb properties when I get them. 

Thanks Carolina E. and Michael Lee .

@Carolina E.