Last year we bought 70mm in apartments and had a negative tax return while making double digit returns 🤪.

I need a ton of help but mostly conservative costs projection to build a  5 home subdivision, average lot 1.2 acres, longest distance to run electrical wires, water lines, gas lines, sewer lines would be 1200 feet, install a double road, fire hydrant, 50-75’ driveway from road to each house, 5 street lights, cable.  

Will convert it from a 2 bed, 1 bath to a 3 bed, 2 bath and (hopefully) re-sell later this year.

@Will Corral just find cash buyers that want rentals in the Cleveland markets , Connect with someone that has done 100s and 100s and 100s there and provides double digit net caps, 100% hands off, They will pay you a referral fee, GOOD LUCK 

Rents are about 1500 for a 1 bed (updated unit) and they are paying about $700-750.

Every Monday I will be highlighting a deal I was apart of either as an investor or agent highlighting a different investment strategy and how it was executed in the local market.This past spring I was a buyer agent on a 2-family house hack deal in Southington, Connecticut.Property details:- 2- family side-by-side duplex- Each unit identical 2-bed/1-bath layouts- Natural gas heat- Each unit has own driveway- Solid B+ neighborhood- Very desirable area to rent and own What made you interested in investing in this type of deal?

The Double Play is all about putting your money to work in two places at one time.

Our property is rural in Sonoma County with a 2 bed / 2 ba main house and an in-law unit.

Tenant shall be liable for double the Monthly Rent in the eventthat Tenant retains possession of all or any part of the Premises after the EndingDate of this Lease.

A property (2 bed, 2 bath) here turnkey would be about 600K or a fixer at 500K + rehab of 50K and according to Airdna the property would rent for $330 ADR at 58% occupancy.