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All Forum Posts by: Account Closed

Account Closed has started 7 posts and replied 32 times.

Starting Out

Post: buying tenanted properties 30 k and under

Account ClosedPosted
  • Real Estate Investor
  • Detroit, MI
  • Posts 34
  • Votes 6

@Seth Sherman , I am currently overseas so my mind is open. I think the midwest might offer some value and also St.Louis however this is only based on my speculating. When I get on the ground I'll be able to verify this and go from there.

Do you have any spots you could recommend based on your experience ?

Thanks

0 Votes
Starting Out

Post: buying tenanted properties 30 k and under

Account ClosedPosted
  • Real Estate Investor
  • Detroit, MI
  • Posts 34
  • Votes 6

Hi All ,

I am going to be spending 150k on properties 30 k or under , my goal is to purchase 7 properties that are all cash flowing.

Once this is achieved I plan to take a loan against the value of these properties and do it all again.

Hopefully I'll be able to acquire around 10 properties bringing in around $400 each a month after expenses.

Please let me know if you think this is achievable?

0 Votes