After hearing the common theme from the podcasts of "you just have to take action," I made it my goal to jump before the end of the month.

I am currently in construction management and the wedding entertainment industry.

Still, current projected rent is $3,200/month.Current owner (in keeping with the deferred maintenance theme) has very few financial records but does prove up the following actual numbers:-Property taxes, $1,900/year-Insurance, $2,320/year-Owner-paid utilities, $3,429/yearEstimated:-10% vacancy-10% management-15% for maintenance/repairs, and -Reserving $700/month for CAPEXBOTTOM LINE is $34,560 net rental income less $24,700 expenses = $9,900 NOI.Offered $95,000 with $10,000 reimbursed at closing for immediate CAPEX (roof and A/C units).  20% down, loan on balance ($76k) at 6% for 30 years.Cap rate with $400/month rents is 10.1%, cash ROI is 20.3%, and annual cash flow is $4,400. 

A common theme among the homes that would qualify as a BRRRR opportunity are that the properties would be very aged and typically need and entire gut job to be done correctly.

They do seminars on Wed.

I’m looking for someone to wedding go in on the cost of making it legal.

I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.

I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.

I run a meetup (RE Investors of CNY) here in Syracuse the first Tues of every month at 7pm at the Aloft Inner Harbor Syracuse which has a good mix of people and you're welcome to come but a more convenient on for you might be the TriCountyREIA of WNY (www.TriCountyREIA.com) that covers your market area (Ontario, Monroe and Wayne counties) more specifically.They meet 2nd Tues of each month 6-9pm and their next meeting is this Wed, 6/13. 

The unofficial theme was products designed by geniuses for use by idiots.