I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.

Therefore, you can transfer other IRAs or qualified plans to the IRA and can also make an annual IRA contribution based on your earned income.

.$78k annual rent with ability to add $1500 a month for vacant space.

If I was using a family member for funding, I would pay them some fixed return annually and they would be nothing but a source of funds, just like a bank.

I know I have to give my quarterlies and yearly's and I have to maintain net worth.. drop below and cash has to be added.With your average BP buy and holder they are getting their first 10 loans and these don't have net worth provisions so the banks are allowing them max leverage with no real over sight other than front end underwriting.I think some of the portfolio lenders on the bigger stuff I hear about they have annual reporting requirements.

If you can sell the house now and make a profit then the annualized return will be much better than holding the deal for over a year.Also - getting a loan is going to cost you money in closing and fees.

If I can't make at least 10% annual cash on cash return I won't purchase.

(Unless you flip homes for a living)Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled"New Home Sales rose in May, Existing Home Sales dropped in May, and today we find out that Pending Home Sales also tumbled in May... so that's 2 down, 1 up - not good (especially as mortgage apps are tumbling in June)This is the second monthly decline in a row, but Pending home sales are down 2.2% YoY - the 5th straight month of annual sales declines.Home sales fell for the year in all regions YoY, but the decline in the last month was concentrated in the South, while the other three regions reported MoM increases.

Landlords will need to raise rents at least $15-$20 per month per property to cover the $20 annual fee and $150 inspection fee.

We love Disneyworld and are annual pass holders so we go to FL pretty regularly, even though we live in San Diego!