It also includes 3 Online On Demand Home Study Courses. 1) Rich Rewards in Notes (Performing Notes) 2) Big Money From Bad Debt (Non-Performing Notes) 3) Nothing Down Deal Architect (Buying and Selling on Terms).

At the end of the year, compare what you’ve ‘set aside’ versus what you’ve spent.

Hello BP Nation!I'm interested to hear everyone's take on credit cards during their real estate journey. I have started with the Chase freedom card --> Chase Sapphire Preferred --> Chase Business Cash (Registere...

In fact, there are very few small MFH around the way compared to here so we're looking to house-hack but are open to other opportunities.  

Without taking too much of your time, let's jump right in.Rent comparables, using the lower-mid end of the market:1/1 - $14753/2 - $2500Mortgage 30YF @ 4.359%, 14% downTriplex- 3/2 & 1/1 & 1/1Asking Price 519,000EGI65,400 - vacancy (5%) = 62,130Yearly Operating ExpensesTaxes (1.15%) - 7,785insurance - 1500 repairs (5%)- 3270CapEx (10%) - 6540PM (10%) - 6540Utilities - 1500Total Expenses- 27,135NOI= 34,99534,995 - 27,384 (mortgage- refer above) = 7,611$$$634$$$ CASH FLOW per month, or over $200 per door for this multi in LOS ANGELES, CALIFORNIA CA!!

(get data points to compare)Is it in a good area with reasonable chances for long term appreciation....?

Watch the properties see what they sell for and compare your numbers. 

Also like the idea of starting to prepare the tenants for the new management approach and expectations I'll bring compared to the previous owners.

That just doesn't feel right to me :) So, if you want to hire somebody to buy and deliver stuff to vending machines you need at least 10 machines, because otherwise the salary of a person would be too high compare to profits you are getting from the sales.

For the area it's in the rent is low compared to what I could be getting (some homes in the $1000 to $1150  range).