Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

Account Closed
  • Investor
  • Montréal, Québec
17
Votes |
52
Posts

First purchase of a rental property, looking for feedback!

Account Closed
  • Investor
  • Montréal, Québec
Posted
I have been looking to purchase a rental property for quite some time now and might have found one that is reasonable, after all the numbers are crunched the property I found, which is a triplex, in a reasonable neighbourhood and in good condition would cash flow between 200-400 per month, while I thought this was low I also came up with a 17% return on the property if I were to hold it for 5-7 years, what other figures should I be looking at in purchasing my first rental property? Any advice is greatly appreciated !

Loading replies...