This is a homepath +Renovation propertyTax Appraisal Value $165000List Price $104,0005% down required $4880Unit next door (same design) apartments rent for $500 eachMortgage Payment at 5.5% x 30 Years = 537.54Property Taxes = 228.14 per monthInsurance $450.00 per month5% for maintenance $100.00 per monthMy calculations leave a monthly cash flow of $928.00If I use the 50% rule (and I am calculating it correctly) I have a cash flow of $439.00I am assuming that I can renovate this property for $10,000ish and it appears that there is currently tenants in at least 2 of the units (havent confirmed this yet).guys this is kinda scary cause it appears to good to be true....

She took some interior design classes in college and loves to work with floor plans so it was a natural fit for her.

From a recent article in the Fiscal Times, the author Jonathan Berr gives a list of brands that have lost value in the past year.

I decided to go with the LLC because I was refinancing to pay my private lender and my bank was willing to put it in a brand new LLC.

I really like that is is essentially a brand new house.

She is the interior designer and I am the numbers/operations guy who intend to put our skills to test in purchasing buy-and-hold properties.We just put an offer in on a place in Bremerton.

The boards I am on are almost all electronic (votes, docs, etc.) with final drafts of resolutions being memorialzied in a resolution book by the designated manager. email for drafts and edits (no need for paper), financials via PDF (no paper), etc.So I'd have a different first step - Identify why paper/printing can't be done electronically.

Most of my work is open book, negotiated design-build, that includes permiting as well.

The message you will send tenants is a new greedy landlord is charging top market rents but leaving me with this old rundown unit I have lived in for years.At that point they will seek something the same as their old rent or cheaper or they will move to a brand new place where they would have to pay the uprent that you are trying to charge.

The LLC being present is an investment structure.The manner in which the partner puts his funds in and the occupancy designation here will matter.