Investment Info:Single-family residence buy & hold investment in Rocky River.

Owning buy n hold is not as passive as some newbies think.  

Unless you go out and get clients, which is a job and a tough one, then don't waste your time and money like I did.I've since put it on hold

You could also ask for early occupancy so you can begin to collect rent and take all the holding expenses off their plate.

That gives you options to expand, hold, or sell land if the income isn't there. 

I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive. 

I would recommend working with lenders that hold an NMLS or RE broker's license.

If you feel these small issues are a lot to handle, you may want to reconsider whether you want to hold onto this property as an out of state landlord or at least consider hiring a real professional property manager to deal with all of this for you.

Investment Info:Single-family residence buy & hold investment.

Some months I’ve unfortunately had to pay like $150 out of pocket but I’m Planning on holding long term wise and the let the rental bare fruit later in my life because I’m only 22 and just wanted a base hit or a rental in a great neighborhood.