Here are the basics, please let me know if you have any additional questions and I’ll do my best to answer: 227k purchase price, 9 units, 4800 gross monthly rents, needs 60-70k in repairs, 350k ARV, the possibility of additional income from an on-site coin-op laundry facility ($250-300)... those are the nuts and bolts.

Hello BP!I have been managing a few of my own properties in Florida but now want to turn my attention to building a property management services company in Norther Virginia (where I live).  The state of Virginia requi...

First time investor doing due diligence on Cleveland/Akron Markets. Seems to show much promise. I'm looking to start with a duplex and scale up quicker that way. Can anyone recommend a investor friendly realtor and/or...

Hello all,In Unit hookups or Shared Laundry coin type in basement.I currently have a 3 family in Jackson Heights NY with shared cold water.

I am the other side of the coin and could manage to qualify but need to bring 20% cash to the table and have entertained a hard money lender on a 1 year term before refinancing and paying out the lender. 

if you get it under contract,do you have to find a title co in that state?

I personally would try to use it for the next purchase if you are comfortable with that decision.Look at all sides of the coin.

The main entrance has an office, multi purpose room, bathroom and coin-op laundry room.

It would take a 4.5% ROI just to cover your admin costs and break even.You could look at simply opening a self-directed IRA with a low fee custodian like IRA Services Trust Co in the Bay Area or Kingdom Trust Co in KY. 

If you play your cards right you can come out with a marketable degree that will start making you some good coin at a young age.