Hello,I was wondering if I could get some advice on this 4 plex. http://m.mrishomes.com/mobile/homes-for-sale/317-w-sunset-ave-greensboro-md-21639-200990078Seems like good cash flow and it has been recently renovated.

Real estate kind of went by the way side as I was working different jobs and building my electrical business.Last year I was working at a home that was in rough shape when the neighbor told me it was for sale.

I would like to draw on my background which includes a bachelor's degree in Mechanical Engineering, control system design, sales and proposal writing.

Tyler, I don't have anything for sale at the moment or have any properties to broker.

There's no perfect answer, because it will vary widely by location and the actual property. 16%-18% pre-tax profit (of sales price) is a pretty good rule of thumb.

Sale Price: $105,000Closing Costs and Agents: 7% , $7,350Loan Payoff: $77,125Remaining from Sale: $19,058The deal has cash flowed $1,400 in those 12 months.

In most P&S contracts, with the sale of an occupied rental, deposits held by the previous landlord is settled with you at the closing, and it's your responsibility to pay the deposit back to the tenant.

Duplex - 4plex for sale in OaklandI own a duplex in West Oakland with a partner on BP.

@Charlie McClskie, The IRS does not like to see a taxpayer change anytime immediately prior to a sale.  

Would love feedback on a recent short sale I saw because there is something off.