Here is a screen grab from my analysis spreadsheet.

Make sure you do a rigorous rental analysis before moving forward.No matter what ownership structure you use (both on title or in a LLC), you'll have to both be on the mortgage.

I run all my investment and development pro forma analysis on a pre and post tax basis.

In your analysis, don't overlook a vacancy rate.

My initial analysis was that I could spend $25k-$30k on the remodel and list the home for $120k-$125k, meaning a profit of ~$ 40,000.

However, my agent only talks to me about once per day, text back hours after i text him, and rarely answers his phone.

I wish the Attorney General had some software in place to handle this, since there are software packages out there that can review the “education grade level” of text - so it could really be automated that way, and then each time a change needs to be implemented the new document(s) can be submitted; I imagine an electronic receipt of some sort would be issued to confirm approval should the AG ever implement such a thing, along with keeping a copy of the document(s) in some database as a “just in case” they are needed.

Hey guys I need some help figuring out if this Triplex opportunity is a deal or not. Purchase price: 150,000It’s located in a rapidly growing part of Houston, TX (Independence Heights) with a lot of investor activity....

Hey guys I need some help figuring out if this Triplex opportunity is a deal or not. Purchase price: 150,000Estimated repairs: 10-20K It’s located in a rapidly growing part of Houston, TX (Independence Heights) with a...

.), you should research the market and neighborhood,ask for sale comps, and then you need to underwrite the deal.I'm happy to help you with the analysis but I would need more information than what you provided.