Glad you posted and made it easier to discover this guy.Please come to the Ivy in Buckhead on 10/30, to share this scary story. 

Although not required, spending a few hundred dollars can help you discover hidden repair issues.Contingency fundA mortgage lender typically requires you to have significant cash reserves before buying a residential rental property.

We love the community here as well and your points echo why we continue to invest here.We just recently discovered Mahomet and didn't know the avg. income was so high. 

In 2024, it is 60%.You may also have an option of applying a different method (Section 179) that can give you 100% on some of the cost segregated components, but this has its own drawbacks and complications, so it needs to be discussed with your accountant beforehand.Also, have your accountant estimate your potential tax savings before ordering cost seg.

 - bitcoin mining can be energy intenseIn addition, I want tenants to report any leaks as soon as discovered.  

(happy wife happy life)I have seen marriages lost because one did not have their partners support - so it is a key component in that journey.

As I've learned more about analyzing properties I have quickly discovered we had to make some changes to our current rents and with changes going into effect next month the property will cash flow around $675/month, we only have about 7 more years on a small lean we have on the building, after that it should cash flow around $1000/month and be paid off with no leans. 

Two critical components are key to legally performing the above scenario. 1st, there must be consideration for a real estate transaction to be valid.

I have listened in on their free consultations just to get an idea of what they offer and what I discovered is that they teach the same things found in books you can find on Amazon written by Brandon Turner or J Scott. 

What if you buy the property and discover you suck at managing the tenants and property?