Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

Hi @Tyler Bolton I hope I can help clarify given I see a lot of muddled points of view on these matters online.  

You can find online which larger institutions are buying in a specific area and try and reach out to them.

Purchase price: $155,000 Cash invested: $60,078 Sale price: $275,000 Fix & Flip property in great neighborhood in Saraland, AL.

Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 The property is a 2 bed 2 bath with a den and a 1 car garage.

@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

LTR could get $3200-3400.3-just purchased in August a townhouse in Costa Mesa California 3 miles from the beach walking distance from the back bay great location.

Why do you think purchase contracts are so long and have such small print?

Aim to increase your Operating Income by acquiring 3-4 units for the next purchase.

Hi All,I have only been in Chicago for 5 months and purchase my first investment property (house-hack).