Hello,Currently doing a live in flip and the basement is a blank slate but the upstairs primary isn’t much of a primary and not connected to any bathroom.

With this amount of cash and a mall that has a movie theater, you must be a minor LP in a much larger project.Usually there is a round of investing just to acquire the land.

Another commonality amongst most of these coaches is their unwillingness to represent they own real estate.

Purchase price: $200,000 Cash invested: $60,000 Seller Financed Duplex200,000 PP3% Interest20% down16,000 Renovations$673/mo Cashflow (13.47% Coc Return) What made you interested in investing in this type of deal?

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

@Jon Taylor, is also awesome at walking you through the calcs.

Definitely something to clarify upfront...If you’re replacing with another restaurant, it should be an easier transition since the setup is already in place.Your biggest risk is vacancy $450K/year is solid, but if you ever need a new tenant,  ensuring the lease rate is sustainable is key! 

And just because electric is mandated on new buildings doesn't mean it is a cheaper utility.

I pocked around $430 per month with limited responsibility.I was able to sell that property in 24 months to that tenant buyer and made a decent return.This doesn't make sense for every property buy lease options are a way to take a property that is sitting, to a property that is producing income while limiting your expensesAll the best!

The monthly REIA meeting is tonight.