This is a new niche that we are exploring, so learning about the pool of buyers was interesting.

While we are not forced to have an on-site property manager, I would likely have to hire one.

Don't use our company's rates, they're not accurate for two reasons, one is just because this is LA, and second is, we are dealing with 200-500k constracts.

More than often my inspection periods are between 5-7 days if we are looking to seriously compete with cash offers.

We are interested in getting into the real estate market, either renting,flipping, or investing.

He usually wants to see the property and asks what we are going to do with it.

Hello Everyone,A strange convergence of events in the last 48 hours has led to the real possibility of purchasing a solid B class office building in my town.  

Asking Price: $200,000Gross Rents (4 units): $2400 per monthExpenses: Taxes: $350/moInsurance: ~$200 (haven't gotten a quote yet)Vacancy (5%): $120 Repairs (7%): $168Capex (6%): $144PM (10%): $240Total: - $1,222Mortgage: - $787 (conventional with 20% down and fixed 4.25%) NOI: $2400 - 1222 = $1178Cash Flow: $1178 - 787 = $391 per month (10% CoC ROI)We feel like this is a pretty good deal based on our numbers, but want to see if we are missing anything?

I am upping my game, branching out and the simplest of tasks (of which I used to be a pro ie hiring overseas) I am just not finding the support this company needs to be of service to those we are in business for.

We are a husband and wife team .