If I can flip a home using my own hands and tools, and can evaluate people professionally for court and other high stakes matters, I can be a decent landlord.Sell House scenario:House sells for 550K (worst case), 30K to realtors, pay off 295K mortgage = 225K cash in hand.At a 5% return, 225k generates 628 after 33% taxation.$2200 rent - 628 = 1571/mo cost of livingAt a 4% return (worst case?)

Kay you can use the online tool provided by the Assessor's Office of the city of Milwaukee to research this.

I'm good with power tools and plans, but plants and pictures aren't my specialty.

I think it's a great tool for property owners.

I dont give them any tools, I dont pay them per hour, I dont tell them when to work. here is a code to the lockbox, here is he project. the price to remodel the bathroom is say $1000, tiles, grout, glue, durrock is on the jobsite. when you do it is not my problem. it cannot take more than 3 days. all that is written in the contract. they do not have their own insurance, I have a builders risk insurance to cover myself. will that work in case he fells off the bathtub and brakes his leg ?

No one can tell you if its a good deal without knowing the ARV and estimated repairs.Redfin has a decent tool to evaluate a homes value, try that.

Review the pod casts and visit the learn section and read articles that are of interest to you; utilize the key word tool and you could include Miami and you will be notified whenever that term is utilized.

If you are not totally sure how much certain items might cost you IN YOUR city …would you recommend insurance adjuster tool called Xactware ?

thank you for sharing the spreadsheet as it a very useful tool.

In Central Florida the housing choice is rural houses, old (pre 1950 houses) or houses in an HOA.A well run HOA is a very good tool for the investor.