Just wondering if this is a good sign for buying...Small town, tons of growth in the county....someone just built a 42 unit rent based on income smack dab in the middle of said small town. 

I am sure that any new comer  would believe that he is properly vetted just based on that alone.

Get estimates for other services - lawn care, snow removal, etc.Use these estimates to then run your analysis and figure a maintenance schedule and CapEx budget based on the inspection.

You can make sure assumptions based on the condition of the neighborhood and outside condition but there is always a wild card involved. 

Based on the zoning I can do nearly anything I want.I am looking for a low neighborhood impact business that has a high cash flow with low entry.My thought is in buying shipping containers and packing them in tight on the lot and creating a commercial storage business.By my estimates the property could generate up to $96k a year with less than 1 year's income to reach full build out.Any one have experience with this model?

This makes the selling price $300k higher than the numbers you would get from calculating the price based on a potential buyer's expenses.

Therefore, you can transfer other IRAs or qualified plans to the IRA and can also make an annual IRA contribution based on your earned income.

Hi All - I'm based in Boston but planning to attend the Atlanta Multi Family Seminar in Atlanta July 21-22.

Well, buyers sometimes want wacky repairs based on their inspection; if appraisal comes in a good bit above contract, I might be more willing to avoid agreeing to repair everything - especially if I had to give a seller assist.And if I have another nearby property to be sold soon that is similar, I can use that appraisal to help come up with a better asking price for that other property.

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