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Updated about 2 years ago on . Most recent reply

User Stats

265
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Edwin De leon
  • Investor
  • bronx, NY
41
Votes |
265
Posts

Monthly Rental Income Profit I Should Expect From a 2-3 MF

Edwin De leon
  • Investor
  • bronx, NY
Posted

I will be buying my 1st 2 MF with a VA NO MONEY DOWN LOAN as a 100% Disabled Veteran ... ( will have 6 months reserve in bank for mortgage pymts, and $15k for unexpected major repairs )

What should be reasonable goals to set, as far as pure profit from each unit on a monthly basis, based on what newbie rental property investors typically clear as profit from each unit after expenses monthly, so what do newbies like myself typically clear as profit on a duplex or triplex  ...

Any other advice would be appreciated I am sure I am not thinking of everything I should be thinking about.

Most Popular Reply

User Stats

257
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161
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Nathan A.
  • New to Real Estate
  • Sunnyvale CA and Maplewood, NJ
161
Votes |
257
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Nathan A.
  • New to Real Estate
  • Sunnyvale CA and Maplewood, NJ
Replied
Quote from @Edwin De leon:
Ok, give me a link to a webinar you are recommending where do i find many Webinars that BP offers ?

They’re listed on https://www.biggerpockets.com/... I’m not seeing any upcoming installments of the Dave Meyer multi family webinars right now but you can catch a replay on the podcast show 694: https://www.biggerpockets.com/...

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