Vaishal,When buying a CF property you should remember that what you are really buying is the income stream.

We contacted her this evening and she claims that she doesn't remember even signing this form and apparently she is no longer involved in any meetings they may have.

Remember that anything that is porous is going to absorb water and is suspect until proven differently. 2)Once the demo is complete, you need to dry out the house with commercial air movers and refrigerant based dehumidifiers (like Serv-Pro uses).

Hi all, RE newbie here...There was a property I would like to check out - a 4 unit property in westchester - and rather than picking a broker out of a hat, was wondering if BP had any recommendations for an agent that has experience with multifamily apartments and can provide general guidance through the process (ideally they would own one as well!)

Prashant P.I was thinking about going this route however it would not be ideal for me at this time for me right now.Phillip Dwyer I seriously would do the same if anyone owned rental property around me thanks for your insight.David Beard Your idea is for someone that has a year to learn an invest in another firm.

Where on a 10-cap basis values the property at $128,000 and/or $12,800/$20,000 is a 64% return on cash invested or about 1.5 years till it returns all cash invested and playing with the "house's money".My goal is to buy and "never" sell so I am okay with buying at market value on this property given it's cashflow, although it certainly won't be a home-run by appreciation standards, by the time I'd sell (ideally) a modest 2-3% over 30+ years it should hold it's value ;).

Remember, for the sandwich, there is a risk the TBer will not pay and you have to pay the seller for 1 - 2 months.

I remember years ago some family members did not understand owning your own business or being self-employed.

In that case I am confused as how do I deal with first month rent and security deposit?

.- Remember, you're going to need to add a cleaning fee after each stay.- Build in enough cushion for 'operating costs.'