Assuming your debt is SUPER cheap and only costs you 12% you’ll save $22,800 TAX FREE  So the combination is saving $60k at 12% (or more) is $7,200/yr and $130k in the bank at only 4.5% is another $5,850/yr  so you’re over $13k GUARANTEED instead of a chance to make $7,200 before taxes  

Renters insurance is so cheap because it is not connected to the property and the landlord after all, right? 

If you don't do correctly courts will throw it out and you will have wasted a lot of time.Good luck!

I'm starting my first deal and got on the call with the agent and ended it with a deal with me making almost 5k but after this idk what to do, we haven't signed a contract or anything but getting to and and I just need someone to be by my side for this, I'll throw you some of what im making somehow but I just really Need help

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Section 8: All the S8 “gurus” promote putting S8 tenants into this Class of cheap properties to “get rich”.

Cheap now can get expensive later—I learned that the hard way!

Modern agriculture, construction, and service industries rely on immigrant workers not because they are “cheap labor” but because they are skilled and willing to do jobs many Americans won’t.

. - Lastly, the colors are basic and I think we're seeing a shift where buyers aren't just wanting the black/white kitchens anymore, maybe try to find some accent pieces you can add in for cheap.

While I know this throws off my calculations a bit they are still directionally correct.Here are the numbers for my first property:Cash To Purchase - $53,250.25Mortgage Payments - $43,980.00Expenses - $16,738.02Total Cash Invested - $113,968.27Total Cashflow - $22,041.81Appreciation - $81,800.00Debt Paydown - $10,143.12Estimated Tax Deductions - $45,163.55Total Returns - $159,148.48Total Return % = 139.64%I have owned the property for 42 months so my annual returns have been 39.90%. 

Should we pursue a "cheap" rental in order to build rental history in the hopes of securing DSCR loans down the road?