There is the possibility that after all the debt servicing and expenses you won't initially have anything substantial in your pocket, but once you rehab the place and refinance it to pay your initial investors you'll be able to to enjoy the proceeds.

My biggest take away from the event was how little time he feels you need to spend working on your goals and that just a simple quarterly strategy session on your personal and professional goals results in substantial results. 

As a statement of fact, Tesla gross margins at 35.9% are substantially higher than other car manufacturers like Ford, at 11.5%. 

In the minutes from the last HOA meeting I learned that they do have some substantial road repairs (estimate TBD), 2 units that failed inspection for a new roof, flashing that needs to be fixed around chimneys and an AC that needs to be replaced in the community building.

In the minutes from the last HOA meeting I learned that they do have some substantial road repairs (estimate TBD), 2 units that failed inspection for a new roof, flashing that needs to be fixed around chimneys and an AC that needs to be replaced in the community building.

However, rental income is passive income (unless you provide substantial service like cleaning or maid service, seen in AIRBNB activity) and you don’t have to pay SE tax on rental passive income, so electing S-corp for rental portfolio does no good.

Labor/Material and land costs have risen substantially, even in the last 12 months.

Seems like rehab is going to be soooo expensive. thanks, mario Mario, experience says pull permits, at-least in my career as you do a substantial amount of deals and renovate thousands of homes over the years, no win with cutting corners, does not matter if it is permits or any other part of your process, you want to build a process, a machine, something you can use over and over again, a cheat here and there will get you moving, but it is not sustainable.

I am looking for anyone who may have recommendations on lending options for those who do not have a substantial income on paper.

I'm looking for some advice on how to fund properties as a newbie with zero properties.I was very fortunate and closed on my primary residence in the Austin, TX area in January of last year and since then have had a substantial amount of appreciation in property value.