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Updated about 3 years ago, 10/19/2021
Rental income after buying for 500k
How much income can I expect, after investment of 500k in rental properties ?
All would have to be done on auto pilot.
Trying to plan 1033 exchange.
Due to very high property taxes and HOA
my income is less than 1000 a month, depending on cost of repairs.
I would be able to rent for maybe 500
more, but
I keep the tenant, because he is 10 years over there and I am abroad.
If I would sale I would pay well over 100k
taxes.
any advice, and how to look for investment properties on line,
and whom to trust, I am looking for recommendations.
I am retired.
regards e