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Updated about 9 years ago, 12/02/2015

Simon Shih's profile image
Simon Shih's profile image
Simon Shih
  • Investor
  • from Houston, Texas
  • Member since Jul 31, 2012
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User Stats

354
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186
Votes
Simon Shih's profile image
Simon Shih's profile image
Simon Shih
  • Investor
  • from Houston, Texas
  • Member since Jul 31, 2012
Connect
Simon Shih
  • Investor
  • Houston, TX
186
Votes |
354
Posts
Real Estate Deal Analysis & Advice

Condo for Rental

Simon Shih
  • Investor
  • Houston, TX
Posted

Newbie investor

My investment plan is to buy cheap condos with cash in decent areas on town and rent them out.  I hope to buy one every 3 months.

1b 1b
560 sq ft
$35,000 (will buy cash, probably offer 32,000)
move in ready
$200 month HOA
rental $650-725 a month.

Opinions? Am I missing anything?

Thanks in advance.

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