They had been there 6 yrs and had just renovated the master bath on their own dime.

Like vegas. had my school re-union couple of yrs ago for 150 people. great deals out there.kris

Since we lived in it for 2-yrs within the last 5, we qualify for the $500k capital gains exclusion.

You evict the tenant and raise the rent $100 per month for the next tenant.You just earned $100 per month x 12 months = $1200 x 9 Gross Multiplier = $10,800 x 10 yrs = $108,000 + your still did not add the $1200 per year extra you are collecting for 10 years = $12,000.In 10 years you earn a total of $120,000 just by raising the rent for one tenant by $100 per month.Raise the rent for 50 tenants and you earn $6 million on just one building.Try doing that with single family homes.I have Microsoft Access software I developed for purchasing and flipping properties.

if anyone had read my post about making 33% profit after living rent free for 2 1/2 yrs I have a twist.

And If I can raise rent by $200/door in 3-5 yrs, my FCF would jump to 60-70K.  

  The house is less than 10 yo log cabin/Mountain home in a very nice neighborhood, surrounded by the beautiful smokey mountains  and valued over 300K before there was a partial fire about 3 yrs ago.  

Does anyone have or know where I can get a spreadsheet breakdown for a total house rehab with a multiple bid comparison sheet.The differance in contractor cost for the same job.I was quite suprised, this is my first rehab in 4/5 yrs and my how cost have esclated. 

I currently make additional payment to 2 of the props I have and will have those 2 paid off in 10 yrs. if they are in the blanket how would that work?

Hey Brandon,I’ve been here for 1.5 yrs so pretty new to the market.