The first year we spent $45,000 on the program, and our deal flow doubled with our net profit up 70 + %.  

First unforeseen issues wipes out all cash flow and reserves.  

First off, of you have capital for the DP or money set aside?

I'm in Rogers Park, Chicago. I have several people interested in being my roommate. So far, I have two people who seem they could good tenants. I did find them on Craigslist though.My mom has one property in Romeovill...

First is that its difficult to quantify the amount to charge like you indicated.

Hey Andrea, for STR you're definitely going to want to look into A/B class areas.

Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $225,000

Cash invested: $56,000

Purchased 4-plex from a wholesaler. No vacancies when I took over and at a ...

How did you first start working with investors to allow you to raise ~$1-2M?

Hello,My name is Carl from Eastvale, California.I'm highly interested in purchasing my first rental property, but have no idea where to start.