However, one of the owners who just purchased a neighboring quad asked if I would be interested in going in on a bulk W/D purchase, so there's a very good chance that comparable units (literally next door) will have W/Ds in them.

My fiancee and I have been "driving for dollars" and have been sending out mailers to properties that look neglected and/or just kind of look like crap compared to the neighborhoods they are in.

. - thats fix and flipBRRRRbuying property for $400k, ARV $700K, will try to save in renovation but will still come out to about $140keach 3 bedroom apartment in area is going for $2,300/month (confirmed with rentometer and local listings) Taxes are $5,300/yearso what I did was $2,300/month each unit = $4,600/month75% of $700,000 = $524,250 at 4.25% = mortgage payment of $3,943.82/monthWhen you add water, tax, insurance, maintenance I am getting another $1,138.75/monthso in the end you negative cash flow ($482.57)I know the property is being bought at the right price, compared to location, but can that be possible where a property makes sense as fix and flip and not as BRRRR? 

Land lording is stress full but rewarding and gets easier .

That being said, I always encourage people to shop around a bit and compare services/prices. 

Hello guys thought it’d be interesting to start a discussion about ************* (real estate guru) me and my sister went to a free seminar in Miami FL and signed up for a 997$ 3day real estate course from 9-6pm Starting June 7th 2019 - June 9th 2019 Me and my sis split the payment, the whole “we are a business real estate knowledge isn’t free” i mean I’ve been to many of these free seminars and they all pitch you some insane price for real estate education or training or some “elite course” farce companies like Renatus etc.. however since i admire ************* and 997$ wasn’t that much compared to what I’ve seen in the past we ended up signing up i will GLADLY update you guys to see if it was worth it or if i learned anything.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

For every market, you have to compare apples to apples.

,mainly because there's enough equity in it for me to purchase additional homes. i could do a cash out refi on it, but decided i might as well cash out and invest the money in a different area compared to where the house currently is.ThxMarcus

I have one bank so far but looking for others to compare.