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All Forum Posts by: Chris Susserman

Chris Susserman has started 4 posts and replied 12 times.

Post: First time investment property buyers!

Chris SussermanPosted
  • Alexandria, VA
  • Posts 12
  • Votes 3

I was just making sure we weren't being too optimistic. I appreciate all the answers and any more help and advice would be greatly appreciated!

Post: First time investment property buyers!

Chris SussermanPosted
  • Alexandria, VA
  • Posts 12
  • Votes 3

Hey guys,

So me and my wife have been perusing the site for awhile, while we ponder buying our first investment property(ies). What we are getting a little hung up on is the tax aspect of it. Pretty much are we going to end up paying more in year end taxes or will an investment actually help us? We've tried to break down all the costs associated with a property and how much we will actually net each month, and we are thinking our first property will only net us about $100/month. Is this realistic? We will keep browsing but wouldn't mind some direct conversation with all you guys out there. 

Thanks,

Chris and Mary