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Updated about 3 years ago, 10/19/2021

User Stats

10
Posts
2
Votes
Eva Fox
  • Los Angeles, CA
2
Votes |
10
Posts

Rental income after buying for 500k

Eva Fox
  • Los Angeles, CA
Posted

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