Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.

A friend suggested I join this forum for tips and details on escrow, renovations, renting out, and property taxes.

Can someone please tell me what the Percentage i , for what the Taxes and Insurance is , for properties in Shelby County ?

Then start doing flips, buying notes, tax liens, and more to help increase your capital while the rentals provide a foundation to rely on in case a fix and flip goes bad.By the way if you plan on managing the property yourself, try using a service like cozy.co or something similar.  

The BET cashflow (before tax?)

8 UnitsC classPurchase price 207kRents range from 425/mo to 525/moMarket rent 525/moNOI $26,186Pre tax cash flow $13,186Good deal??

You want the net income after all expenses like, maintenance, utilities, taxes, insurance, property management (if needed), if the property is vacant figure that in, and Cap Expenditures (any big ticket items that might need fixing or replacing once you own), things like the A/C unit, water heater etc.

If these are solid rental properties, and you are accurate/honest when you do your taxes, there's a really good chance that you could get vanilla Agency loans.I have a lot of fun with batch refinances. 

Unlike the Reagon/Volcker years, we now have an $18 trillion deficit and our country can no longer afford to pay 20% interest payments on $18 trillion as the $3.6 trillion would exceed our tax revenues. 

Hey everyone,for many reasons, I didn't process income tax for the last 3 years of my LLC.