There are larger (although significantly older) homes around that sell for mid 500k, although they don’t have the community and the amenities.

There are larger (although significantly older) homes around that sell for mid 500k, although they don’t have the community and the amenities.

For initial 'go/no go' calculations I plug in about $1200-1400 for lower end homes (40-60K), and 1800-2400 for mid (around 100K). 

Howdy BP folksFirst time investor, I am looking for a rental SFH/townhomes for mid/long term buy & hold with decent appreciation and cash flow. 

Not bad for mid March.Never trust a statistic you have not faked yourself.

There is no denying that that there will be a solid market for mid market rentals and apartment buildings will always have great attributes.  

I did transfer my part of the company to my partners because I came to the US to do my MBA, it was fantastic, and Spain can be very fun to invest in if you have the relationships - that was our edge.Our experience was that commercial brings you more "serious" tenants, and for mid-market deals, it definitely saves a lot of headaches.

- It's only good for food haha).The quotes came back as such: $5500, $6400 and $7800 for a new 3 ton unit and installation..I was appalled as these prices didn't sit right with me so I decided to take matters into my own hands and do some on the ground research since I just so happened to be in Houston that weekend.They say your network is equal to your net-worth so I immediately reached out to my network of investors and got the contact of a formidable handy man in the area.We were able to cut out the multiple middlemen and go straight to the wholesale distributor (cutting off all middle men would mean going straight to the manufacturer but it's not possible to buy one off units from them).I paid $1000 for a brand new 3 ton unit and was charged $500 for the labor of the handyman...Needless to say, I'll be working with this handyman for future projects and repairs..Total cost - $1500 and 2 hours of my timeTotal savings - ~$6000Because of my spidey sense and network, I was able to save a ton of money, form a new relationship in the process, acquire a connect with the wholesale distributor and write this article..

Our strategy would be focusing on cash flow and buy-hold for mid-long term.

In addition, if you think about it, it can also contribute quite a bit of credibility to your business and in the long run create a formidable veneer that both commands respect in your area and quite possibly shatters pesky objections.The goal is to test.