Rental and Cashflow Property - Management, Strategies and More

Long time Reader first time poster. I purchased the SFL system and have dove into this 100%

I have found a 4 unit property that can cash flow 1500$ a month I'm looking to purchase.

Its listed at 200,000 property in Southern California and has 3 units with tenants already and 1 vacant unit

the tenants and rents are as follows

1b1b currently rented at $880 a month by long time renter
3b1b currently rented at $650 a month by long time renter
1b1b currently rented at $750 a month by long time renter
3b1b currently not rented

Mortgage on 200,000 prop with interest, PI and taxes would be around $1350

the current 3 occupied units already bring in $2280 a month!

Hello DG family. Here I am once again asking for your help, but this one will be short. I just wanted to know what is the best way to come up with the rental value of a property? Thanks in advance.

Let's say I talk an owner into a lease option on a preforecluse. Once it becomes "purchase time" does the owner get any of the profit from the sale? Also, how do I calculate what the option consideration should be? Should it be a certain percentage? Thanks in advance.

Hello DG family. I not realy confused, just want to make sure I have the right idea about lease options. Is the renter able to exercise their right to purchase at any time, or does it have to be at the end of their lease agreement? Also, is the option money their downpayment should they decide to purchase? Finally, if the tenant doesn't purchase the property do they receive their option money back?

How does it work and is it a good idea..Explain

How does it work and is it a good idea..Explain

DOUBLE DOWN ON REAL ESTATE
How to turn a sour deal into lemonade.

I bought a rental house three years ago for $180,000 and it was a good deal at the time. However, now the FMV for the home is $140,000. There was a home down the street that I had been for sale for several months and so I called the realtor and asked what was going on with the house.

Most people worry about owning property in another city, let alone another state. Here are some tips to make sure you are getting what you pay for and they are truly collecting what they say they are collecting.

In most cases, it does not seem profitable to have an onsite manager for a property unless it is 40 + units. If you have an offsite property manager managing the properties it might be more cost effective, but it definitely depends on how they like to get paid.

If you are working with property manager and you live a distance from the proeprty you might have a few concerns about expenses and income. We have put into effect a few things to help keep the honest truly honest.

Hi, I'm in the middle of negotiations on a multifamily property and from the APOD and a cap of 10, my offer is very low but I went with it anyway. The counter offer was more than double my offer. Since I'm new to multifamily properties, I'm wondering if I'm not considering all the criteria I should. For some info on what I'm looking at, it is a 4 plex with the rents lowered to $690 monthly. Currently 1 unit is empty. The gross income from 2009 on the APOD is $27k with the total expenses of $17.5k. With a cap of 10, my offer was $110k. They also showed this year through July as having an income of $15.5k with expenses of $10.5k, which when figured out was less then 2009. I've also read where your monthly income should be 1% of you max offer.

Hello again DG family,I always get great info here on things I am still learning on with investment deals.I came across another good Cashflow Investing tool I want to share with everyone here.It is totally free,but you do need an excel spreadsheet to use it.It will also have a video to show you how to use it.If you have any problems with it,please contact me through the site here.Good investing to all.

whurndon