I was drawn to this deal because of the location in Harlem, which has seen a significant revitalization in recent years.

How much do they want you to to pay, to pay off one of the mortgages (or both of their existing mortgages)? 

Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.

To pull this off, you may want to use social media platforms to find your next great deal.But how do you utilize these platforms to find real estate sellers who are motivated to work with you?

@Jay Hinrichs and @Bruce LynnI remembered that deal too so had to look it up…original deal:https://www.cnn.com/2017/08/08/us/couple-buys-san-francisco-.... 2015 this time.

If you're looking in Ohio, I can recommend hitting up Kurt Weil. 

Additonally investor buyers use matrix like cash flow to determine value. 

@Tammy Elias The lease is tied to the property, not the management company.

It’s about to kill me.

Can these costs be deducted as start-up expenses?