The key is a great contractor and a clear, detailed, well-thought-out scope of work. 

I was recently sent details about a 20-unit apartment complex that I’m interested in, but the seller's asking price doesn’t align with the numbers I’ve run.

@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

I reached out to the seller to request details of the repair and asked why this was not mentioned in the seller’s disclosure.

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

If anything, when we plug in the details per the calculator we def have to put in higher then the estimiated 3% maintenance costs. 

Did you ask the woman for more details about how she qualified?

Chris Clothier provided regular video updates, and the property management team sent frequent emails with property-specific details, tenant situations, and proactive solutions.

More details?