He’s currently receiving $750 each unit w/ utilities included (rents vary from $850-1000 w/ utilities based on location in town).

would you guys agree that cap rate in League City, Katy, Pearland, and Texas City is still 4.75-7.5%?

We did a 15 yr mortgage so we've built some good equity.

It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

Accounting software is built around organizing the data in different ways when you call upon it.

Hello everyone, I'm an out of town investor who's exploring San Antonio this weekend and hoping to close my first deal!

Second, oh master architect, houses are not built out of Lego and you cannot just easily add a room or addition.

Can wholesaling work in a very small town?

My friend who is an engineer thinks that the town should be dealing with the initial problem of the drain.

(At times only putting 5% down in each deal, under a certain ARV)But for a new investor I would use these numbers, and if you get something cheaper, then great. 12% and 2-3 points is pretty standard for someone that hasn't built a track record, yet.