I will post some before/after pictures of the property if anyone is interestedMy favorite room in the whole condo now

(NY counties are generally quite expensive)Do you have home owners insurance to cover fire or other damage?

once Ive run out of blog topics, can I just rephrase old topics, also I literally just rephrase other people's blogs because I can't make my own, I just copy and paste into a website and it rephrases it for me and I copy that and add a picture and that's all I'm doing for my blogging, is it enough?

Can anyone else suggest other real estate or economic newsletters where I can get big picture news on the real estate markets and economy? 

I guess my goal is to figure out my next steps and get a clearer picture of how I can break into the real estate world and start building something for the future.Thank you.

That’s a necessary tool that has some different aspects to it that allows you to see the WHOLE picture.

They’re great for trends, but digging deeper into local government or real estate associations will give you the most accurate picture.

There are no pictures of the inside, yet, but no major interior renovations were mentioned

The question I have is, if I get a hard money loan, can I get enough to cover the closing costs and realtor fees and other associated fees?  

Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.