All Forum Posts by: Kurt Toth

@Theresa Harris that is a good point there thank you for the input!

@Colleen F. It’s in a small community it an better part of an ok neighborhood. I own the home right across the street and it’s a 2 bed 1 bath and I get 650 for that

@Theresa Harris but wouldn’t that be double the risk if I’m making the same amount? If I’m now worrying abouttwo tenants two furnaces two hot water tanks etc? And my gain would be roughly 18k

@Daniel Brandt alittle less then 4 but that’s what I thought. Thanks for your input!

@Daniel Brandt it will rent for $750. Overhead cost is $315 so my cash flow is well over $400 a month

I bought a 3 bed 1 bath home for 18k through a private seller. The homes FMV after minimal rehab would be around 35k. Should I hold it for a few years and rent it out? Because cash flow on the property is extremely good. Or should I sell it immediately after that rehab is done?

I bought a 3 bed 1 bath for 18k through a private seller. The homes fair market value after minimal rehab would be around 35k. Should I hold it for a few years and rent it out or should I sell it immediately after rehab is done?

I just bought a home in an estate sale for 18k through a private seller. It is 3 bed 1 bath with central air. Fair market value of the home after minimal rehab would be roughly 35k. Should I rehab and try to sell or should I rent it for a few years then sell it if my annual appreciation goes up accordingly?