No longer do buyers need to come into an office and flip through a real estate book, they find the home online then make the decision to call an agent, same with sellers, they can post their house online almost better then most agents and get hits immediately for people who want to purchase their home.

Preferably around Jacksonville, or online (online is all I'm seeing in google searches, anyway).

Total 109 SF.  

Hi all,I am a total newbie, havn't bought my first property yet.

Recent IRS rules have changed and now many such items can be written off in the year they were obtained - - this is why you need a CPA and not some tax service (HRB.s.) or online filing program.

I just ran a property that I would love to buy if I can find the private money or possibly the hard money at the right rate and ran it through the BRRRR calc.All looks great except when I look at the financial projections section I see the following...50% Rule Cash Flow Estimates Pre-Refinance Total Monthly Income: $2,850 x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $600 Total Monthly Cashflow using 50% Rule: $72 50% Rule Cash Flow Estimates Post-Refinance Total Monthly Income: $2,850x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $556 Total Monthly Cashflow using 50% Rule: $869Am I missing something or should the total monthly cashflow Post refi be that high?  

My goal right now is to be at 20 total units so I can quit my w2 after my kids are out of college when I'm 50.  

@Robert Herrera  I'm thinkin if I spend 3% to buy closing costs and another 8% commission and closing cost to sell (total $11,000) on a $100,000 rental and cash flow $300 a month it's a minimum of three years to get to the place of where I'm starting to get my closing and sales costs money back. and that's if I don't have vacancy's.

BUT the basement is a total disaster.

I am totally interested.