
2 December 2024 | 35 replies
I'll also check out some of the guides listed here by @Austin WolffAppreciate everyone taking the time to help out!

2 December 2024 | 7 replies
If she is living on the edge encourage her to get on a list for subsidized housing.

30 November 2024 | 3 replies
They can take care of a lot of the monotonous tasks, and even do things like send leases, screen tenants, add rent charges, pay utility bills, the list goes on.

2 December 2024 | 4 replies
Are their listings detailed with good quality photos?

26 November 2024 | 2 replies
Quote from @Ariel Rivas: I don't know your market specifically, but it's typically cheaper to purchase those items at Home Depot or Lowe's.

26 November 2024 | 15 replies
I purchased a duplex in the Mt. Pleasant area of Cleveland in 44120, and had some decent tenants that are vacating the property. I'm not sure if I'd like to take a chance in sourcing new tenants in the area and hoping...

2 December 2024 | 6 replies
Ken McElroy, on the other hand, is listed as CEO and Principal of MC Companies, which I have heard good things about.

1 December 2024 | 91 replies
Whereas the cap rate on active listings are 5, 6 range.

27 November 2024 | 4 replies
Only two electrically operated items may be plugged in to any electrical receptacle.

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?