However:Strategic Tax Planning: Work with a CPA who specializes in real estate to maximize deductions like depreciation, interest, and operating costs.Higher Rents for Premium Properties: Some investors offset the tax by focusing on properties in high-demand areas (downtown Greenville or near universities, for example) where they can charge a premium rent.Short-Term Rentals (STRs): Consider STRs like Airbnb, where higher nightly rates can make the numbers work better than long-term rentals.

Just ask any MFH operator who did an acquisition in last 18-24mnths. 

So just curious if my number formula is correct $15k down plus $15k Reno = $30k rental income/year  $14500 vacancy rate 2% operating expensive 35% ( to cover condo fees maintenance insurance ect) $5500 a year mortgage so roughly a 12.25% cash on cash return ? 

I would be careful about sourcing these types of lists from other operators, it takes awhile to build relationships with various companies and most of the company contacts don't like their information being passed around

Happy Holidays BP Family - I'm currently working on a seller financed industrial deal, asset on the smaller end (~10ksf). It is in leasable condition but has below market in-place leases. Given that the industrial mar...

Account managers have literally no idea about day-to-day operations and glaze over specific questions asked to delay and confuse owners. 

I'd recommend finding a lender that can seamlessly do both the Hard Money lending and refinancing to make it easier for you. 

The E-Myth by Michael Gerber- Start and operate your business with the consumer in mind... not you... not your product or service.

We recently did a loan involving a borrower with a mind-numbing operating agreement involving nested LLCs, retirement plans, and individuals. 

I'd love to hear from a turnkey operator here about the benefits.