The deals I underwrite have been cash flowing right up until I put debt service on them, even with taking a break even amount in a refi. 

A simple search on a service like Propstream will show you what properties have them. 

The E-Myth by Michael Gerber- Start and operate your business with the consumer in mind... not you... not your product or service.

Can we hear from individuals who have experienced sustained success buying section 8 rentals while relying on entirely 3rd party service providers? 

Please let me know if you have any questions.November 2024 Market UpdateOur market updates over the past 2 years have hopefully prepared you for the declining market that we are currently experiencing.

He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services). 

Consider property management services and tools like AirDNA to understand local demand and occupancy projections.Good luck!

For example, when most of my development clients started building their portfolios, they picked up properties in areas where at least 1 of 3 things was almost always present: 1) They currently or have previously lived in the area, 2) they have family or friends that attend religious services in the area, or 3) they regularly visit family or friends that live in the area.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

These hotels are almost all ideally located right on the strip, and loaded with amenities like room service, restaurants, bars, and casinos.