Closing costs could be 5-10k in SJ so confirm those numbers, and then make sure your rehab budget is independently verified.Next, assuming your mortgage balance is $129,000 based on the model, and you aren't living in the home, expect at the very best a 4.5% rate, if not higher.

Apparently the seller's mortgage is with a small independent office and their staff was really disrupted by this.

All of this brings me to the following questions:- Am I an independent property manager or should I setup an entity as a property management company?

This is skewed because I'm an independent contractor and my accountant has done a phenomenal job with write-offs over the years.

Agents are independent contractors.

The neighbor.https://ifunny.co/video/freedo...Happy Independence Day!

You have a tough position to fill and requires a person who flourishes working independently.  

While evaluating real estate investment as a strategy that will get me closer to my FIRE (Financial Independence, Retire Early) goals, I can’t help looking a little beyond the near future and what my REI journey would/should look like when I quit my W2 job.Let’s say my goal is to build a 10-15 door portfolio in 5 years that generates at least $3000 monthly cashflow (15 SFH with $200/month cashflow).What I need help understanding is how to maintain this portfolio and target cashflow once I get there.

I finally decided to make my first post on BP and introduce myself on this beautiful Independence Day afternoon.

You may need to put more cash in depending on what repairs the seller is looking to take on!