I’m going TO OFFER $125K and do $15K UPGRADES.Mortgage - $1310/mth(30 YRS, $140K, $3600/YR, $1500/YR, 6.5%)Taxes - $3600/yrInsurance - $1500/yrUtilities - $425/mth (owner pays heat and water)(verfied by Weenergy and Water works)Property Management - $375/mthRepairs and Maintenance - $650/mthCap Ex - $300/mthTHEREFORE,INCOMING -$2525MORTGAFE - $1310PM - $375/MTHUTLITIES - $425/MTHRM - $650CAP EX - $300/MTHBalance is NEGATIVE -$535 PER MONTH.Looking for POSITIVE CASHFLOW OF AT LEAST $500/MTH.What would you offer?

I typically set aside 10% for each vacancy, prop mgmt, and repairs/cap ex.

Him and his Barbie ex wife are probably just B actors rejected by Hollywood.I prefer the old school construction reality TV like 'This Old House' or 'Hometime'. 

It’s incredibly basic.Let’s say you have one NPN note and the exit strategy is a loan modification.Current monthly payment: $1000I discount that payment by 20% so I look for $800 monthly to come inI then consider purchase price for note: 20k (for ex)Workout expense: 3.5k (for ex)TOTAL all in expense 23.5k$800 x 12 months gives $9,600 of income9.6k/23.5k gives a 40% cash on cash return

STRs run at a 50-70% Op Ex Ratio so you need to take that into account. 

Basically, if you run all your numbers - Rent MINUS mortgage, property tax, insurance, property management fees, listing fees, take into account vacancies, repairs, cap ex, (HOA fees, Utilities, lawn/snow care) and you come away with a good chunk of cashflow, then its a good buy.

Hello all,I have a quick scenario that may be a bit confusing, but stay with me.I live in Arizona.Ex wife lives in Florida.My ex wife and I own a house in NC.

If not can they get connections through local BP meetups or a local REI meeting to see where others are investing or can help make connections.I think most of all you need to figure out what your goals are for your investment, what ROI are you looking for, how much cash flow do you want and how much will your expenses be (mortgage, cap-ex, repairs, PM, and so no)

If already rented, you don't have to worry as it's obviously already in service.Another trick I use is I don't replace an entire cap ex, like a roof all at once. 

(Ex.