Good Friday Morning everyone…I’m Chuck Webster and just celebrated my 15 year anniversary with a major Insurance Company.

That's $1,600/month additional each month, over 60 months that would be $96,000 gross cash flow per month.This does not account for taxes which would be pretty major when taking home 1,080,000/year.Originally posted by Steven Hamilton II:He said cash flow, he did not indicate specifically profit.J Scott and Bryan based their math on profit, while others have based it on revenue.

I had a major flood in one of rental properties in the northwest suburbs of Chicago on July 23, 2011 where I had to get a contractor to DEMO and restore the basement for my tenants.

I was planning on contacting some of the owners in order to see if they are looking to sell or work out some sort of deal.Unfortunately for me this is coming at one of the worst times as I am about to have the majority of my liquid assets tied up in a purchase that is in the process to close….taking forever going on 4 months since the initial offer.Besides the aforementioned research I have approached my banks to see if I may be able to apply for a general pre-approval for a maximum amount so that if I was to jump on a deal I could get the financing hammered out in the time before final payment is due (waiting for a call back).

it is on a busy road just off of a major interchange, but the property is crammed in and has low visability.

I'm not doing any rehab to these properties besides maintenance, and as of purchase no major maintenance is needed.

We just put out a MAJOR deploy on the site, the centerpiece of which is the launch of the new BiggerPockets PRO Basic membership tier.This new tier gives users many of the abilities previously only available to our PRO users paying $14.95/month, for only $5/month!

Thast is the key to staying green and saving time.Of course, some addendums and other docs require notary which can not be done electronically (obviously), but a vast majority of docs can be signed and initialed this way.

Upstate NY is a declining area and have been for a very long time.Personally, i prefer multi family properties (four units or more) and i hate doing major rehab.

Also get a home inspection before buying to make sure there isn't anything major you might be missing.