Pick a higher rate and a longer term and you get more stability and safety.6.

For 2020 I am looking to incorporate Wholesaling into my business model. I

For 2020 I am looking to incorporate Wholesaling into my business model. I

For a first time buyer, an agent is a safety blanket that provides psychological comfort knowing you have an “expert” to rely on.

Afternoon,
   I recently purchased a property in Indianapolis. It came with a tenant on a month to month lease. I started trying to track down if this tenant had a deposit in place, but there isn't a record from what...

Safety concern since it hit me in the face when I opened it. $2007 - Interior RoomsRecommend connected smoke alarms in each bedroom, adjacent hallway or room, and at furnace.

. $ 2,071.00 $ 2,112.42 $ 2,154.67 $ 2,197.76 $ 2,241.72 Property Tax $ 2,682.00 $ 2,735.64 $ 2,790.35 $ 2,846.16 $ 2,903.08 Utilities $ 4,888.00 $ 4,985.76 $ 5,085.48 $ 5,187.18 $ 5,290.93 Total Expenses $ 9,641.00 $ 9,833.82 $ 10,030.50 $ 10,231.11 $ 10,435.73 Housing Cost Investor Payout$2,800.02 $2,800.02 $2,800.02 Mortgage $ 18,350.40 $ 18,350.40 $ 18,350.40 $ 20,940.72 $ 20,940.72 CMHC Fees $ 734.02 $ 734.02 $ 734.02 $ 837.63 $ 837.63 Total Housing$21,884.43 $21,884.43 $21,884.43 $21,778.35 $21,778.35 Sub-Net Income $ 10,474.57 $ 10,281.75 $ 10,085.07 $ 11,670.54 $ 11,465.92 Safety Net Vacancy Rate$2,100.00 $2,100.00 $2,100.00 $2,184.00 $2,184.00 Management$3,360.00 $3,360.00 $3,360.00 $3,494.40 $3,494.40 Cap Ex.$2,940.00 $2,940.00 $2,940.00 $3,057.60 $3,057.60 Maintenance$2,100.00 $2,100.00 $2,100.00 $2,184.00 $2,184.00 Total Safety Net$10,500.00 $10,500.00 $10,500.00 $10,920.00 $10,920.00 Net Income $ (25.43) $ (218.25) $ (414.93) $ 750.54 $ 545.92  Balance Sheet – 5 Yr Projection (CAD)Year 1Assets Liabilities Cash $ 5,000.00 Notes Payable $ 279,086.03 Prepaid Ins $ 2,100.00 Interest $ 2,800.02 Capital $ 10,500.00 Taxes $ 1,800.00 Notes Payable II $ 20,000.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 303,686.05 Owner's Equity Retained Earnings $ 10,500.00 Mortgage Equity $ 6,913.97 Equity $ (13,500.02) Total Equity$3,913.95 Total Assets $ 307,600.00 Total Liabilities & Equity $ 307,600.00 Year 2Assets Liabilities Cash $ 5,000.00 Notes Payable $ 271,869.74 Prepaid Ins $ 2,112.42 Interest $ 2,800.02 Capital $ 21,000.00 Taxes $ 2,735.64 Notes Payable II $ 20,000.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 297,405.40 Owner's Equity Retained Earnings $ 21,000.00 Mortgage Equity $ 14,130.26 Equity $ (14,423.24) Total Equity$20,707.02 Total Assets $ 318,112.42 Total Liabilities & Equity $ 318,112.42  Year 3Assets Liabilities Cash $ 5,000.00 Notes Payable $ 264,370.28 Prepaid Ins $ 2,154.67 Interest $ 2,800.02 Capital $ 31,500.00 Taxes $ 2,790.35 Notes Payable II $ 20,000.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 289,960.65 Owner's Equity Retained Earnings $ 31,500.00 Mortgage Equity $ 21,629.72 Equity $ (14,020.77) Dividend $ (414.93)Total Equity$38,694.02 Total Assets $ 328,654.67 Total Liabilities & Equity $ 328,654.67 Year 4Assets Liabilities Cash $ 5,000.00 Notes Payable $ 276,343.14 Prepaid Ins $ 2,197.76 Taxes $ 2,846.16 Capital$42,420.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 279,189.30 Owner's Equity Retained Earnings $ 42,511.93 Mortgage Equity $ 9,656.86 Equity $ 8,167.75 Dividend $ 91.93 Total Equity$60,428.46 Total Assets $ 339,617.76 Total Liabilities & Equity $ 339,617.76  Year 5Assets Liabilities Cash $ 5,000.00 Notes Payable $ 266,277.70 Prepaid Ins $ 2,241.72 Taxes $ 2,903.08 Capital$53,340.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 269,180.78 Owner's Equity Retained Earnings$53,340.00 Mortgage Equity $ 19,722.30 Equity $ 7,792.71 Dividend $ 545.92 Total Equity$81,400.93 Total Assets $ 350,581.72 Total Liabilities & Equity $ 350,581.72  Why Symptom Estate?

Be careful to not get stuck in learning mode.

The ONLY time they should ever open up is to prevent your enormous tank of water from becoming a missile, and if that’s the case, then there’s safety concerns and you may as well just replace the tank rather than try to milk it for a while longer.

I'm happy to connect you. (2) An architect is a good idea, however, to ensure you're goal can be met and identify what's needed for zoning compliance, check the local zoning department. https://detroitmi.gov/departments/buildings-safety-engineering-and-environmental-department/bseed-divisions/zoning-special-land-use(3) I recommend having an NDA/NCND between you and ALL parties you conduct business with regarding investing.