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 over 7 years ago,
new to BP. next moves
hello I am new to BP. And wanted to see what you would suggest for my next moves.
currently I own 1 single resident in Eastpointe michigan which I bought all cash and I rent collect 950.
I have a duplex in Detroit which I bought cash, for 23,000 and collect 900 in rent.
I have a riverside house that I bought for 185,000 and rent it for 1,300. I put 20% down
hi have a multiunit in Compton which i bought for 220,000 I collect rent for 2,100. I put 25% down.
i have a Barstow house that I bought for 59,000
and collect 750 in rent. I put 20% down
I have really haven't done the math to see what I really cash flow or follow any rules yet, that's why I joinBP. but now I want to take my business to the next level and get organized.
I want cash flow as my goal.
I still have 60k still to invest.
so I want to see if you guys have suggestions for my next moves. I want to continue to buy out of state. Indiana, Ohio, Michigan, are some that come to mind