This trade has done a number on my body physically and I need to start thinking of my future and supporting my hopes and dreams.

This trade has done a number on my body physically and I need to start thinking of my future and supporting my hopes and dreams.

A kid playing outside can break the window and you will collapse in tears. 

She has to wait more than 7 years just to break even.This is the kind of person I am and this is how every person should be if they are going to tell other people how and where to invest their money.

Looking for my next flip (sold 2 houses in March, then took a break), and I'm hearing from everyone that materials have gone through the roof (heh).I spent some time today going through NAHB, BLS, BOL, CNBC, etc. looking for year-over-year increases, including overall inflation numbers from ShadowStats.

Sooner or later they will hit their breaking point and sell it.

I have been trying to break into this market sense last year.

Breaking into REI can be tricky if you do not have that upfront capitol.

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent  Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

We're not a fan of MTM leases - except now that COVID eviction moratorium has hit we are using it on Class C properties/tenants.BTW: we can break our lease as easily as a bad tenant can:)You can put any increase you want in the lease.You can also do best offer or auction off the rental to the highest bidder.