hey @Matthew Toporowski, at the least I would check their financials/tax returns to see how profitable they are (which translates into how easy it will be to pay your rent).

(The Tri-Ad administrator has never heard of AHP and transition has not been easy...)

A free property is great... but if you find a deal good enough to BRRR (which can prove challenging) take that profit and invest it into a revenue generating activity.

Fix & Flips can be profitable too, but the key is knowing the local buyer demand.

Whether it’s problem-solving on the fly, handling difficult conversations, or simply staying calm in the chaos, these experiences are shaping me into a better landlord—and, hopefully, a better person.Real estate isn’t just about turning a profit.

But if you buy an already profitable business it will cash flow from day 1 and you can grow it from there.Buying a business is easier than building one.

All they had to do was finish the work, sell the property, and they would get all of their money back plus profit. 

The IRA will buy the property and own it, so the rents and profits must go into the IRA.

. $600 a month chances are they could rent it and make a profit and if it doesn’t go up as much as they were hoping they could simply give the house back to you in seven years.

If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.