As a borrower I think this would be a great idea if they could actually speed up/simplify the process.As an investor I'd want a LOT more details before investing in such a loan.

Hey Landlords!Got a question that hopefully some of you can help me with. For those of you who use property managers or manage properties yourselves, I’m excited to announce that I will be introducing a new property m...

One common strategy in a diversification exchange scenario  where there is no debt is to actually purchase only one property to complete your exchange so you simplify the exchange. 

I just wanted to hear a simplified explanation on it, and what the biggest benefits were for someone to get one, even if they still work were to work a normal 9-5 job, and don't plan to specifically sell Real Estate full time.Thanks!

I've attached a picture of my spreadsheet for reference.Key assumptions:20% down, 30 year loan at 4.5%Property management fee estimated at 9% (includes fixed and variable)OpEX - 5% of rentCapEx - 6% of rent  Vacancy - 5% of rentInsurance 0.4%Property tax - I used 2017 numbers and bumped it up by a bitI assumed no up front CapEx to simplified things but likely there is some work involved

I work with one main investment group that simplifies capital raising and deal structuring.

But if you're trying to retire in 5 or 10 years, that's a GOOD thing, and if the only thing getting in the way of retirement is those pesky mortgage payments eating up so much of your rental income, go for it.If you want to imagine a simplified model to retire on rental income, it would start with a higher risk higher leverage acquisition phase early on, a middle phase of optimizing -- 1031 that "meh" property for something good, stuff like that -- and then it would end with you ceasing proactive acquisitions (unless some great deal falls in your lap) and paying mortgages off to maximize cashflow as you ease into retirement, probably paying them off lowest balance to highest balance.Unlike 401ks and IRAs, the government isn't in charge of when you do this, so no reason you can't do it in your 30s to 50s if you can pull it off.... there are people who post on these very forums who are in their 30s and could enter that end-phase if they wanted to.

For a simplified example, Effective leased rents are $900, market rents for these units are $1,000- but if you renovate, renovated market rents would be $1,100.  

I’ve simplified things in the scenario for clarity.Five years ago, two others and I formed an LLC to purchase a multi-housing rental property from the prior owner for 630K with no money down on a land contract.

My old simplified rule for flips used to be purchase + rehab have to be no more than 75% of ARV.