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12 July 2016 | 8 replies
Here are few ways I thought of:a) Purchase 3 properties in mid-west, about $70~90k each would produce maybe $600-800 / month rent.b) Purchase 2 properties somewhere (I don't know), preperable in A, or B class neighborhood, each cost $100~$125k, and can produce $1000+ / month rent.c) Purchase a property near my cousin's backyard, which may cost $400k+ and can get $2000 / month rent.
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11 August 2016 | 8 replies
Because of background in contracting, a hot market, and our hustle each flip produced very good profits.
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18 July 2016 | 2 replies
QuickBooks should be able to produce the income statement, statement of cash flows and balance sheets.
26 July 2016 | 8 replies
Specifically multi family is valued off the income it produces, where 1-4 units are valued based off of comparable sales in the area.
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6 September 2016 | 17 replies
Option 1 seems good because the loan pay down alone is 15 years faster, but ob,y produces $200/mo cash flow.
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13 July 2016 | 2 replies
I have a portfolio of about 20 individual rental income producing properties (some SFH, townhomes, and a couple condos).....
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13 July 2016 | 12 replies
To me, that means these repairs are coming out of your pocket.Of course you could follow your state guidelines and keep some of the deposit for repairs, but if they are smart they will take you to court and produce the document that you signed.
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18 July 2016 | 3 replies
Maybe you can choose a city or a few that you think would produce good cash flow and start there?
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18 July 2016 | 11 replies
You'll probably produce enough cash flow to live for free (or cheaply) and learn the landlording business.
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17 July 2016 | 14 replies
Moral of the story, that workbook doesn't work correctly nor does it produce the correct numbers.