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Updated about 3 years ago on . Most recent reply

Account Closed
  • Paterson, NJ
18
Votes |
119
Posts

Which market is best for rental FL,NC or TX? looking asap

Account Closed
  • Paterson, NJ
Posted

i am in the research phase on investing in a rental single or duplex, have 76k total for a down payment + closing cost etc.

i am aiming for 8% cocr after all cost, i don't know the market as i am in north jersey and looking for a primary duplex here.

here is what i am aiming for

5% capex 5% repairs 8% vacancy 10% PM,

purchase price 325k max with financing 20 to 25% down turn key.

would like an experienced investor/agent with many rentals for help and suggestions on whats a good investments.

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