Not only is it loaded with chemicals and now illegal to use in my market, it is insanely thin.

Howdy All, I wanted to take some time to go over a few wholesale tips that have proven to be extremely useful in the markets where I operate.

I would look into doing RUBS if it is possible in your area.If you are losing so much in laundry cost you might want to look at raising the cost per load or if possible shut it down completely and save $1400 a month.

@Cody SkidmoreShould you decide to utilize the ROBS 401k to finance a real estate operating company, the following requirements from the real estate operating company side of things will apply.

I have never operated a franchise, I did look into it.

If you do not get it at your price you walk.Always remember business does not operate successfully on emotions unless a sellers emotions are a weakness you can exploit.

I’m pretty certain I don’t agree with him because i hear if loads of peoole on the BP poscast who have done well with small multifamily, but his experience and expertise makes me question myself, is he just plain wrong or is he on to something?

In a training program I did I was taught to estimate costs at 50% of gross income when analyzing the financials, but after looking through dozens of marketing packages I have only found 3 where reported expenses even approach 40% and most are around 30% or closer to 20% of the operating income.

Can it be argued after having transferred tittle to an LLC all finances going foward weren't commingled and was operated entirely as a seperate entity.

LLC will increase your costs to operate as well as complicate your taxes and mortgage/financing.There is actually very little need for a LLC beyond physiological protection and for that reason you are probably better off not transferring at this point in time.