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re: Information for my fellow Real Estate Investors

Posted on 4/14/17 at 11:12 am to
Posted by jerryc436
Franklin
Member since Jan 2014
519 posts
Posted on 4/14/17 at 11:12 am to
I am thinking about starting to invest in rental property. I have a chance to buy a duplex and single home for $75K. Currently draws $1280 monthly in rent and does not need any major repairs. Do you think this is a good starting point for rentals?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73083 posts
Posted on 4/17/17 at 11:22 am to
quote:

Do you think this is a good starting point for rentals?




sure, why not? run ALL your numbers and use some of the guidelines and metrics that have been laid out in this thread and you should be ok.
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