All Forum Posts by: Andrew Clark

How much cash flow should I be making a month off a rental property for it to be worth it?

Hello. When renting a single family home what do you have your renters responsible for? Like lawn care? Utilities? Etc

Hello just getting into my first rental property in north west Indiana. Any advice as far as contracts rules and communication with tenants is greatly appreciated! Thank you

After 7 years too long of living in my first house I bought well under market value and then fixed up I am finally ready to refinance the property, cash out, and rent it out for my first income property. Any advice anyone has for me on this process, becoming a landlord, running my rental property, anything is greatly appreciated!! Thank you!

Hello. While looking through my local real estate market I stumbled across three lots for sale near me all right next to each other and it struck my interest to buy one for myself to eventually build my own house on. After talking with the realtor she told me the seller isn’t willing to sell the lots individually, I’d have to buy all three at $55k. After thinking about it I thought maybe I should buy all three build on the one I want and put the other two up for sale? Anyone have any personal experience selling empty residental lots? Is there money in it? Good investment? Bad investment? Any input or information would be greatly appreciated

thanks a lot Dan I really appreciate it!

Hi I'm currently in the process of starting out and purchasing my first real estate investment. I'm looking to either flip a house or buy and hold while I rent it out. My question is with me having a current mortgage on the house I live in while owing about 50k on that how easy will it be for me to get another mortgage for an investment property with excellent credit and a good down payment?

Thank you Anthony Newbold I appreciate it!

Thank you for reaching out Beverly. It sounds like you have lots of experience in real estate. I am still in the process of getting things lined up but will keep you in mind. Thank you very much!

Hi Paul thanks for your feedback you also have a lot of good points that I will take into consideration. I appreciate you guys getting back to me and for the advice anything else you think of that I could use please let me know.