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Updated almost 5 years ago,

Joe Taft's profile image
Joe Taft's profile image
Joe Taft
  • Rental Property Investor
  • from Dallas, TX
  • Member since Nov 20, 2019
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User Stats

7
Posts
5
Votes
Joe Taft's profile image
Joe Taft's profile image
Joe Taft
  • Rental Property Investor
  • from Dallas, TX
  • Member since Nov 20, 2019
Connect
Joe Taft
  • Rental Property Investor
  • Dallas, TX
5
Votes |
7
Posts
Creative Real Estate Financing

Monthly Net Profit in Texas

Joe Taft
  • Rental Property Investor
  • Dallas, TX
Posted

I finally got my first property renovated and rented! What's a good percentage or dollar amount to target for monthly cash flow?

My mortgage + taxes + insurance is $1600 and I'm charging $1900 for rent.

Also, is the property tax a write off? How much can I get back?

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