Just Bought a Duplex!

[Thomas Brady]

Hey Bigger Pockets! 

I just had to post this because I'm very happy to say I just completed my first deal and bought a duplex in Charlotte. It is an FHA loan and I will be living in one side of it.

Here are some stats on it. 

Price 183k 

Each side will rent between $1,000-1,100 

Plenty of room to add value and possibly raise rents, not to mention I will be living there paying nothing except maintenance and utilities! 

from all my calculations, the cashflow with a property manager will be around $250-300 when I move out so I am pretty happy with that. 

Thanks to everybody that gave me advice on my deals and the bigger pockets community as a whole. I'm officially an investor! BOOYA!!

-Tom