Hey guys,I have been looking everywhere for info on how a simple interest loan could be used as a supercharger on rental property cashflow by paying for literally ONE DAY OF SIMPLE INTEREST PER MONTH IN TX.A couple months ago I bought a truck.

I have seen a water bill kill a deal many times.What I liked to do starting out was follow some simple rules of thumb to make my buying decisions more confident.

@Jasraj Singh a really good and simple starting point without getting a good agent involved is using https://www.zillow.com/home-va... and do some simple market analysis on a zip code and census track basis.

As you say if this were simple everyone would do it, & your success in this game comes down to your grit & ingenuity.

It can start off as simple as your business name + logo + mission statement.

If you're doing simple work to get the unit ready you'll need city approval but probably wont need the architect.

“The solution to most of life’s problems are simple, the hard part is implementing the simple solution.”

Simple example- Total cost for a project is $100K, lender gives your $90K; you fill the gap with $10K of your own money.

I find it useful because the format is simple to review, easy to modify and the calculator considers 1) property annual appreciation 2)rental inflation 3)bank deposit int rate 4)general inflation 5) individual marginal income tax rate etc.

You will learn more from projects that don’t go easy way more then a simple project.