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Updated over 7 years ago,
Completed First Deal whats next??
So we completed our first deal. We ended up purchasing our property 4 years ago with cash for about 27k. We put about 20k into while we were living in the property over the course of the 4 years. We made the decisions to purchase a new home in December and moved in. We now have a tenant that signed a 24 month lease for $850. I have a 65% cash on cash return after we stick money away for major capital and taxes expenses. The house just got appraised for 80k. I would like to get more into the real estate and passive income, but looking to see what is next. Any help would be greatly appreciated.
I currently am a full time employee, so I do not need the cash to live off of. I am looking to set myself for passive future income.