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Updated over 10 years ago on . Most recent reply

User Stats

473
Posts
230
Votes
Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
230
Votes |
473
Posts

I purchased my first property!

Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Hi everyone, my wife and I just purchased our first investment property. It's a duplex, selling price was $211,000, got it on a VA loan. We are going to owner occupy the downstairs unit, and rent out the upstairs. Among the tenants, we should be able to pull in about $1200/month in rent.

Not the best numbers ever, but not the worst. Glad to get started!

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