Too bad I don't drink coffee.

Money and friends do not always mix – sometimes they do and it is great – but it is worth thinking about it before the problems start.

ActualScheduled Gross Income $209,828 Unit Mix – Studios = 5 @ $ 375.00Effective Gross Income $181,910 1 Bedrms = 32 @ $ 417.00Net Operating Income $77,160 2 Bedrms = 4 @ $ 575.00Real estate taxes - $5927.00Insurance - $8437.00Utilities - $62139.00Maintenance - $18564.00Management - $7800.00Other - $ 1882.00Total Exp – $ 104749.00How would you structure this???

As an investor, it pays to find the least expensive way to sell and thereby increase your profit margins, but for homeowners, they may not have the time, knowledge, or ability to properly market and sell their own home, so I have mixed feelings on this topic.

Hmmmm.I would guess that with that many house over that long of a time you should know at least a thing or two that someone around here might appreciate you sharing.Stick around and I'll bet you got a golden nugget or two to throw in the mix.

one lender says 75% of ARV immediately or if i season it for 6 months, i can get up to 90% ARV. i may have those two mixed up.conservatively, here's the expenses for this house:payment $420HOA $18Taxes $238insurance $48the rental comps for the neighborhood for my size of a house have most at $1200 and one even $1250.my goal is $1100so my cash flow estimates are $376i'm i overestimating in thinking $300+ cash flow is a stretch?

"... and then there was the Bank President who told his Loan Officer VPs to drink Whiskey or Scotch at lunch instead of Vodka so that the customers would know that they were drunk and not Stupid."

Mixed emotions.

When lawyers talk about LLCs they always stress not mixing personal and business expenses.

Drink alcohol?