As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate.

Duplex house - 2 units both 2/1 (good condition)Estimated sale price $310kQuoted payment 7.5% (25% down)$2068.96/month (assuming $150/mo for insurance and $293/mo for taxes)$87,149 cash to closeAnnual cash on cash return 3.6%cashflow $252 monthlyBoth units currently occupied and lease signed through April 2024I will be using property management for this property because it’s out of state for me. 10% fee. 

Since starting my journey in real estate in 2022, I've dedicated myself to mastering the art of house flipping, and I'm now looking to scale my efforts through a partnership that combines my on-the-ground expertise with your financial backing.Who I Am:A passionate and driven real estate investor based in Atlanta, I dove into the world of house flipping in 2022.

Hi Jaron,I won't know until I find out what the total costs are from the city to build (permits, school fees, impact fees, required improvements etc.) and the cost to run utilities.

Hi Will,16% points for fees is unheard of.

I would mention the fact that your neighbors are ok with your renovation and that the administrative nightmare is causing you and your family financial harm. 

Also recognize that it’s a pay to play space and if you are first time working with them the fees are high.

🌐 Time for a Financial Boost 🚀✨Considering a refinance?

-Do not spend $12,000 on a mentor-Do consult with an attorney regarding how to title your properties in your personal financial situation.

If you plan to buy and do a cash out with management fees it will be minimal just make sure accounting for the other “hidden” expenses of management fees capex, and vacancy