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Updated almost 6 years ago,
My first deal and I would like to have a second opinion on please
I have this house that is coming up for sale by the end of March or possibly sooner and I did the calculators for two scenarios one a wholesaling route and to the rental route and I really want to do the rental route because I believe it would be a great cash flowing property especially when it is a five-bedroom three-bath house and location that is close to the high school and college. I could have five tenants in there 5 bedrooms house hacking at $500 a piece not only is that rent but also paying my current rent and we can focus on our other bills and slowly get out of debt. I need a little help and confirmation on if I had ran the numbers correctly . Yes to be honest I'm that type of a person that kind of needs the reassurance or in the matter of speaking confirmation hand-holding to know that I'm doing it the right way any information is helpful so looking forward to hearing from one of you folks in Idaho preferably.
Matt koch