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Updated over 11 years ago,
Greetings!
Hello folks!
I found biggerpockets while search for info on cap rates. I listened to the podcast and it had just the kind if info I need as a new investor.
I own my own home in VA. I also rent out my old home in VA. So I have some rental experience even though I sort of fell into it.
I am looking to get 3 or 4 more units each with a monthly cash flow of $200+. If I manage that, I can "retire" from my day job. My current houses will be paid off in under 10 years, I have been maxing out my 401k for many years and I'll get a modest pension as well.
I posted my Deal Analysis info on the deal I am considering.
Anyone else in the Roanoke/SML area?