We are looking at multi-families today and have been trying to determine the cash flow on the properties.

I’d love to stay in contact with you, and pick your brain every so often.

Just trying to determine if long term, even though the tenants may pose a larger risk, in the end result with a higher return.

Tenants move out, you find nit-pick issues that didn’t show up on the inspection, you’ll find one tenant you wish wasn’t there, etc.

Hi There,I picked up a Triplex that is currently vacant and require some work. it has a great value add opportunity and in good location. 

If the days on market is around 50-60-90 days, then at +150 there is a big problem with the pricing or the seller is unreasonably holding out for a specific sales number that isn't coming.How is the price of a home determined?

I would read several reports throughout the country and then pick the ones that have the best numbers/make the most sense for you.Hope this helps and happy to talk further if you'd like!

Pick a solid B-Class suburban area.

His quote came in a little bit above what we expected for a couple reasons that are extremely boring to explain, but long story short we think if we sub contract out the electrical work associated with the install on our own and go with forced hot air systems we will be right in line for what we budgeted for.Painting in the common area and the 3rd floor flooring work should pick back up next week.

If you move outside the Austin area 20-30 minutes you can pick up on some deals that cash flow some.