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Updated over 12 years ago,

User Stats

4
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0
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Jason Lee
  • Bayside, NY
0
Votes |
4
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Too good to be true?

Jason Lee
  • Bayside, NY
Posted

http://www.biggerpockets.com/properties/13950-14-roi-on-this-duplex

I am a complete newbie but from what everything turns out to say, I sit on my butt and collect around $880 every month? Is this too good to be true? I hear a lot of property management horror stories but I really can not grasp the idea that it is too good? 14% ROI is high, no? Please send me some feedback! I'll try to contact the property management team also.

Also, if it is good, what are the outlooks on Tampa being a good place to invest in? I am young in this game of real estate but any hints (I know some of your investment secrets are just that, secrets) would be much appreciated!

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