That way when you find a property you are in a position to compete to get the contract.

With occupancy rates consistently above 95%, Old River Place is well-positioned to meet the growing demand for rental housing.Bascom plans to upgrade unit interiors and enhance the property’s exterior and amenities, offering affordable yet desirable housing.

It sounds like you’re in a fantastic position to explore new opportunities.

Best of all, it breaks even or cash flows positive while most of A and B class neighborhood in LA do not.

This is easier for someone who earns a fixed salary, no overtime, no complicated pay structures, not a business owner, etc.   

As of now, with estimating every house at 75K ( I figured high) with the interest at 7.5%, paying all taxes, muni fees, waste fees, and the salary of the manager at 35K a year, I would be netting 6K a month with the current layout.

I want to inform them and repeatedly tried while in my previous position, but wasn't provided the data to do so. 

I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year- Insurance $250 / month- Capex 5%- Repairs/Maintenance 5%- Property Management 10%I've found a couple with a slight positive cash flow (no more than $50).

For the first time since Q3 2022, the U.S. office market recorded positive net absorption, meaning more space was leased than vacated in Q2 of 2024.

With your one home barely being cash flow positive, but had a large amount of equity, we were able to move you into four excellent cash flowing properties that offered much higher returns, and increased your passive income.