Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply
Starting out !!
Hello all, I am a soon to be veteran out of the army, and I am fascinated with real estate! I've always wanted to be financially free because I've always known the beauty, and power of it, and the benefits. When I finish my military career, I'm building my plan to own a multifamily home (quad hopefully) and start to build wealth through passive income, appreciation, cash flow, and equity. I want specialize in but and holds, mainly for my family to live in many parts of the country comfortably. I also plan to leverage my VA loan. Does anyone have any suggestions on how I should start toward this goal? What are some things I should start working on now? I know credit will be key and I am working on that, I just would like tons of more info. Thanks!
Most Popular Reply
- Rental Property Investor
- East Wenatchee, WA
- 16,108
- Votes |
- 10,250
- Posts
No, no - $2000 per month in gross rents, not cashflow. That may only be $100 per door, but to see if it will pencil out, I first make sure it is priced at 100x rent or less.