Both systems have a FREE component Cozy is TOTALLY free.   

It currently has two mortgages totaling about $142,000, which is the asking price.

Your total expenses should be around 50% of the gross rent not included debt service.

Excited to join and looking forward to networking with you all locally and online!

In addition to all this, networking online and offline is a top priority.

Here is the deal, we sent out direct mail and got a ton of leads, this is one.House: Duplex 3 bedrooms 1 bathroom downstairs/1 bedroom 1 bathroom upstairs, 2 stall detached garage, owner states not a lot of repairs needed (maybe $2,000 total)Current Rent: $1,225 totalHouse assessed at $96,000Current owner owes $52,000Wholesale offer (from our formula that would make sense for us to buy it wholesale): $53,000 cash - owner declined (too low)If we keep it to rent out do we get a hard or private money loan to purchase for a higher cash offer (we think he would take $70,000) and then take it to the bank after a certain amount of time to get a conventional loan because we will have almost 30% equity in it when we buy it?

I've been researching available properties on line and driving around town, but it's such a hot market here in the Dallas area I can't keep up with how fast the houses get pulled off market. 

LA has the highest SFR total returns of any city in the nation CASH FLOW + EQUITY combined since 2000.

We're estimating the total cost of the project to be $350,000 which includes acquisition, rehab, and holding costs.

and it is a great way of networking with people who are not online.