You have hit the JACKPOT of resources for real estate investors.

You have hit the JACKPOT of resources for real estate investors.

You have hit the JACKPOT of resources for real estate investors.

You have hit the JACKPOT of resources for real estate investors.

 I am under contract for an 8 bed/8 private bath SFH located in Kansas City, KansasPurchase price: $375,000Appraisal from 2020: $512,000 Downsides: waived inspection on a 100 year old previously renovated property and per zoning, cannot do STR (30+ days only)My brother will live in it free to help manage and plan will be to rent out to travel healthcare workers with two nearby level 1 trauma hospitals within a mile distance.I feel like I hit jackpot with this first investment property with $137k potential equity from the 2020 appraisal.

I am under contract for an 8 bed/8 private bath SFH located in Kansas City, KansasPurchase price: $375,000Appraisal from 2020: $512,000 Downsides: waived inspection on a 100 year old previously renovated property and per zoning, cannot do STR (30+ days only)My brother will live in it free to help manage and plan will be to rent out to travel healthcare workers with two nearby level 1 trauma hospitals within a mile distance.I feel like I hit jackpot with this first investment property with $137k potential equity from the 2020 appraisal.

If you can find a lender who is willing to land good money, then it's a jackpot! 

So don't plan on that in the near future unless you hit the jackpot of real estate. 

Well I think I kind of hit the jackpot...One month into a new rental purchase, I have to bite the bullet for a new roof, a subterranean termite treatment and a drywood termite fumigation.Property has a flat roof, traditional 2 ply asphalt, with multiple patching over the years, I know the roof is near the end of it's life, and may even been living on borrowed time.When we inspected the property there was just so much leaves on the roof, that it was holding up a "mat" of leaves sitting there for years and with the south florida rain and sun, those leaves have turned into compost. 

WOW I have hit the jackpot.. honest, drug free, punctual, I currently have him working here at my house..