The building was built in 1965 and was remodeled in 2011.Seller is asking $300,0004 units - 900sq ft each - currently rented at $700 per unit - Tenants pay all utilities except water/sewer which averages $250/month.Insurance is $1,600/year and taxes are $2,600.It makes sense as far as I can tell.

This will keep you organized and help you scale your operations.Virtual Marketing: Utilize tools like direct mail, cold calling, SMS marketing, and social media ads to generate leads.

Yes he has to buy the spouse out, either through sell, HELOC, or refinance and then the question being with the equity how would you best utilize that for starting into real estate investing? 

Here’s a quick look at the top five benefits of utilizing a 1031 exchange.1.

So something no one else has mentioned.....The BIGGEST reason you should always utilize an agent when purchasing a home is Liability and legal responsibilities.

What strategy are you planning to utilize?

Google "ADU Sitework & Utility Costs: 10 Hidden Costs."

Purchase price: $98,000 Cash invested: $15,000 I purchased a duplex in Milwaukee as my first rental property, utilizing a conventional loan with an 8% fixed interest rate.

We put them to the test with an office warehouse 3 building 40,000 sq ft syndication 2 years ago and they performed as they stated.When utilizing local lenders who keep the loan in their portfolio, you CAN negotiate on rate BUT I find it much better to pay 1/4 to 1/2 point above the absolute minimum and obtain these other advantages instead.  

I make $3000 renting it out, the mortgage is $1500 plus the utilities so I am profiting $1000/mo.