Hi Francis, the idea is based in the accounting formula of "Owners Equity=Assets-liabilites".

G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷‍♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???

cancel your Airbnb account and disconnect your bank account info or close that bank account tied to Airbnb. 

Prior going to the conference my fear was that most of the people going to the conference was in the single family homes and we wouldn't be as much of value to each other.

Purchase price: $255,000 Cash invested: $18,000New and remodeled 3 bed, 2 bath single family rental

Tenants pay their own electric and heat, and for single family properties all other utilities.

Thank you so much Account Closed!

Does it need to go in a BUSINESS savings account or can it go into a PERSONAL savings account? 

With the current interest rate environment, is it best to focus on entry level single family homes?

I do show properties alone as a female but if there is a single male that shows up at viewing I let him go look at the interior by himself and then come back outside after to converse.