Here’s some perspective:1% Rule: Meeting the 1% rule is a good sign, especially with many markets struggling to hit this benchmark.Cash-on-Cash (COC) Return: 8.73% is decent, especially with today’s higher interest rates.

The reason for this is because most mechanicals electric plumbing are more in line with today's code, and a lot of these properties typically need more cosmetic type of rehab.

There is a huge rainbow of options existing, today, ranging expense to sell/buy anywhere from $250 too 7% and all points in between. 

Utilities altogether is about $250 a month, internet is $90 a month for the 1T fiber (we want fast internet for 6 people), 5% vacancy, Lawn care $120 a month, Pest control $30 a month, and we do bi-weekly cleaning of the common area at $200 a month.

Was great chatting with you earlier today over zoom and I believe I helped you understand this property and the location and how to analyze this property from many different angles but unfortunately we discovered after looking at your deal that its a NO-GO and you will probably need to back out, if possible.

Private money lending is a great way for real estate investors to access fast, flexible funding.

The value of the market 5 years ago absolutely is not what it is today.

Reason I’m asking is because today reading through old posts on this subject, I came across discussions that stated if it was Credit Card, PayPal, or similar avenues, that 1099s aren’t needed since those companies issue them.

From what I’ve read in the Wall Street Journal, locking in a low interest rate now could be a smart move given today’s economic trends.

I want to be in this for the long haul but I still want to work as fast and efficiently as possible!!