All Forum Posts by: James West

Thanks all for your replies. I have owned two SFH rentals in the past. One started after having to move and seemed like a good idea to turn it into a rental (it was) and the other purchased from wholesaler. I still own the wholesale one and it has been rented continuously for 3 years. I'm looking at long distance as I don't think my area would be good due to touristy, property taxes, etc.

Tyrone and Todd:  Rehab frightens me as I am not handy and would have to go to other areas and look for contractors.  I also might be too much of a "softie" for a sob story and would need to put it in property management regardless to ensure rent payments.

Joseph:  Thank you for your recommendation.  I'll look into it.

James West

Hello all,

I have $200K to invest.  Looking at turnkey properties to invest in (homes ~$100K, 20K down).  I am needing advice on a plan.  10 homes at one time, buy one home and use equity to purchase more, etc....  Any advice I would appreciate it very much.

Thanks,

James West