Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

I would assume that they were already tenanted with Section 8 renters since most of the time properties that pass municipal code requirements don't necessarily meet requirements for Section 8 rentals, meaning there is typically a list of repairs generated by the Section 8 inspector that need to be addressed even if the home previously passed a city inspection.  

My rentals are in Denver which has strict late payment laws and I was able to customize the late payment options to automatically apply in the right timeframe to abide by the laws and also not accept partial payments which I very much appreciate.And if you’re curious about Baselane’s 2-day quick pay features or have questions, feel free to ask!

In-person only.Make sure to RSVP today to reserve your spot.When: January 9, 2025 @ 5:45PM - 9:00PMWhere: Heist Brewery and Barrel Arts1030 Woodward AveCharlotte, NC 28205The Cash-Flow Breakfast Club is NOT just a meet up.

JackieIs there any way they can go and visit the current PM and also meet the new PM, or even ask the new PM to go by the office of the current PM to see if they can see if they are still in business?

It will also allow you to meet various vendors and contracts that you'll need throughout your journey.  

If you fail to meet this deadline, I will file a complaint with the Virginia REALTORS."

Meetup is a fantastic app to find real estate meetings around you, and look for local REIA (real estate investor associations) and attend a bunch of meetings.

If you're wholesaling residential properties, keep in mind that most property owners will also be speaking with and meeting local investors and realtors.

Most cities have regular real estate meet ups for investors which is often the easiest way to meet local flippers.