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Updated over 6 years ago,
SFH Investing - Knowledge of Numbers
Hi All,
This marks my first post on BP, I am thoroughly enjoying all of the knowledge and experience people share freely here. I am new to RE investing and want to gain more knowledge to develop my roadmap for investing.
With that being said, I have read a few books and used google to assist with many question but a lot of the information seems vague. My main goal is to find a book explaining the ins and outs of investing in Single Family, Buy and Hold rentals. Specifically, a break down of the numbers someone typically crunches to determine if a house makes sense to invest in or not. A real world (or made up) example would be ideal.
Some topics and examples I would expect to see are Rent comps for the area, property management fees, typical repair costs, pros and cons to furnishing a house, exit strategies, etc.
I believe my dream book may be too much to ask for but I hope the wealth of knowledge in this forum can point me in the right direction or stop my wild goose chase.
Thank you!