Hey Everyone, I have an 8 unit building coming online in the next few weeks and need to get a company to remove trash weekly.

I’ve done my preliminary work on it, to the point where the next big question that needs to be answered is financing – otherwise I’m wasting mine and everyone else’s time by getting really deep into due diligence.

Very common method with personal houses, single family, duplexes, multi units, etc and can remove a huge "Potential" tax burden.I m sure some the BP members have a generic Contract you can Customize for this deal, eliminating a lawyer fee.

The bedrooms need the carpet removed and the hardwoods redone allong with a fresh coat of pain.Also im wondering if i could put a room in the basement and rent out the three bedrooms.

She called bullshyt on a lot of people who were wasting time, and we would not have been aware otherwise.  

Traditional Mortgage won't work on this house, unfortunately, as it needs a new roof and there had been some water damage in one room in the house, necessitating removal of drywall (it was caught quickly and there is no mold or mildew.

PM fee, and i would hire a property manager for college rentals. you are looking at about 10% so another 150 / month. so your cash is now 350 - 550. that's the only problem with condos, the HOA fee's, they usually eat up some of your profit. you would have had to hire landscaper and garbage removal, but it wouldn't cost you the same 260, probably 150. what about taxes ?

Tracey Artist If you're wasting contractor's time (you don't have the property), be up front, 90% will be that no contractor will be showing up, if you have the property under contract, then you can get free estimates.

I looked at the property at 119 1/2 maple and it was a wast of time for me.

Most of them have next to nothing and going after what little they have is a waste of time.