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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That is the best advice I can give based on my own experience; good luck!

That way we would have all bases covered regarding the flips.

Just to keep things simple - I usually split the income after all expenses from the property based on the % that each person put into the deal. 

Looking back at the last market crash there were several factors that contributed to it but the big ones included people were not being qualified for loans based on the reality of what they could realistically afford to pay back.