Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago on . Most recent reply
Opened escrow
Just opened escrow on a condo for $105k in Henderson, NV. Thanks to BP I finally decided to make the jump and get my first buy and hold investment property in NV. Doesn't need any repairs and it already has a lease in place for the year at $875. The HOA is at $182. Purchased this one all cash closing escrow on March 31. With all cost factored in using the BP calculators this property should be cash flowing just over $450 per month. I'm happy with the return I'll be getting on this one. I'm thinking of buying another one in this complex once I close on this one. I'll keep this post updated as we go through inspections and get through to closing.
Most Popular Reply
Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
- 6,234
- Votes |
- 17,844
- Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
That's pretty good, and congrats for finally making the jump. I believe getting started is the most difficult part, and you will definitely enjoy more deals coming your way.
Good Luck!
- Dmitriy Fomichenko
- (949) 228-9393
Sense Financial Services LLC
166 Reviews
4.9 stars