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Updated almost 8 years ago,
Bought a 2-Flat in Forest Park yesterday
Just bought another 2 Flat in Forest Park yesterday. Paid $180000, and will cost additional $15000 in remodel/repairs. Expected rents total $3000 per month. It is within 2 miles of my primary residence and thus meets my wife's criteria for any rentals that I buy. I have 4 mortgages and 9 properties. Now looking for 5th mortgage and another property but it is getting harder to find good deals. I use leverage but not excessively. I am increasing leverage little more now to expand to $10000 monthly cash flow. Any suggestions on upcoming areas that are great buy and hold buys? Thanks.