Purchase price: $215,000 Cash invested: $75,000 Sale price: $336,700 Active in MLS for only 3 days before accepting offer - closed for a $46,700 profit!

We have found the biggest benefits of self-managing our rental properties to be:1) Exponentially Higher Cash Flow2) Higher Quality tenants and therefore rentals3) More time freedom from your optimally performing portfolioAre you self-managing or using a property manager for your rental properties?

We want to keep the momentum rolling into our second property, and want to take on a fix & flip project to try and recoup some of the cash invested into the first house.

I have experienced cash flow anywhere from 10-18% with so much more to offer.

We are trying to figure out a good split of equity and cash flow since they will likely be putting more down upfront but they live out of state and we would be doing a majority of the management. 

Purchase price: $168,750 Cash invested: $40,000 Sale price: $238,000Offer accepted 1 day after listing - Sold for 3k over asking. $29,250 PROFIT.How did you add value to the deal?

My wife and I are leaning toward renting because of the long term cash flow opportunities as opposed to the immediate cash profit.

Future plans to make cosmetic upgrades over time as units become vacant to maximize future cash flows by increasing rents and finishing apartments to a high level that will encourage long term tenancy.

The listing agency is saying it would be about $20,000.00 per month to borrow that much but considering you should be able to get a bare minimum of $1,250.00 each unit per month, and probably more, there is some cash flow that could be made.  

And of course you must reinvest 100% of the “cash” you receive or it will be taxed.