We purchased a 3 bed 1.5 bath home, 1500 square feet on half an acre:Purchase price: 66K; 20% down paymentRent: 850.00PITI: 390.00Vacancy: 10%PM: 8%Repairs: 10%Cap Ex: we have a separate account set aside for this that we fund ourselves and contribute to monthly.Rehab costs: 3K (paint, flooring, cleaning)Monthly cash flow: 222.00Cash on Cash return: 16%I'm happy to have our first deal done.  

Hi all, I'm new to real estate investing, but I'm not getting cold feet about buying a property.

I have a nice chunk of capital and would like to get my feet wet with my first real estate deal.

I'm trying to get my feet wet with investing but am not sure who to talk to.

Drywall you might get away with anywhere from 1 to 1.4 a sq feet installed.I am not a contractor, so you may be able to get these numbers down if you have construction connections backing you.

Hey everyone -First post here as I'm just getting my feet wet, but I'm looking to buy my first rental property within the next 6-9 months and was curious what you would recommend for a first time investor.  

There are some books as well but I haven't checked how many are free vs. pay now.Usually I recommend RIREIG at this point in a welcome message but you've obviously been going for quite a while - glad to hear you've enjoyed it and hope to see you at the upcoming "landlord round table" meeting next month!

We have like you said, a string of strong cities Connected at the hip that more or less build a well rounded 30 square miles of big development all happening right now!

So I'm creating this post to get my feet wet and try and see how other investors in the SF Bay Area approach their valuations on properties in the area.

Height is about three feet I'd say, standard for the area.