Also the hit rate per property is really low.

By purchasing a multi-unit property, living in one unit, and renting out the others, you can cover your mortgage payments and start building equity while gaining rental income.

As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!

My primary interest is in small multifamily properties (1-4 units) priced under $300,000.

Hi All,I’m ready to sell an investment property in NoVa to a VA eligible buyer but am not finding a good place to market this.

To get to the next property, or any property.... you need cash.

If you're buying a true investment property (meaning you wont live in it), FHA is completely off the table and Conventional/DCSR will require 15%+ down.

We’re considering whether to do mid-grade updates and rent it soon if we can find a good next property though acquisition and ongoing costs are a problem.

At that point in time the market was still hot for properties at my price point in my buy box.

(but... it only works if you significantly boost the ARV of the property.