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New to BP from San Antonio, Texas!
Hello BP! My name is Juan Velazquez here from San Antonio, Texas. I signed up a few months ago - but just now got the opprotunity to post. Total newbie here and I'm excited to get stared. Currently work full time in broadcast media sales-I love my job, but I'm hoping to diversify my investments to include real estate and generate supplimental income. I'm interested in Buy-n-Hold, but also want to learn more about wholesale.
In fact, we currently have a rental property. Can you quickly evaluate my situation?
Purchased a single family home: $64K, getting $850 p/m in rent. Taxes are $1,200 per year, and I believe insurance is $900 per year.
Thanks!
JV