Max of three rental properties.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

How do you believe they damaged this door seal?

3) How well prepped was your property?

Now if and when there is ever a problem at the property , they will give a friendly call 

Remember EVERY "deal" or sold property started as an off-market whatever.

@Rory DarcyRecommend 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?

I came across a question for our Rookie Reply podcast episode asking about property management software.

This simple update has big implications for property owners, allowing small repairs and maintenance to be handled more quickly and affordably.

I’m thrilled to announce that I just closed on my first investment property within one week of joining the BP community!