The model opens a pool of possibilities for owners who are prepared to hold and manage the property long-term.

Someone just put in an offer. lol Now, I have to decide to hold or sell after a counter.

It wasn’t pretty, but that’s how I scaled up buying and holding 29 SFR without using my savings to acquire these houses.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Miami.

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

It's up to you how far to take this though.When we're faced with this, we try to hold the tenants accountable, by pushing hard to do self-showings.- Who better to show the house and speak positively about than a current tenant?

Then maybe 1500/month holding costs. 

What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.

If you're investing in real estate, ask yourself can you hold this a minimum of 8 years, ideally 12, optimally north of 20?

You're going to be looking at older houses that may need a bit of work especially if you want to find buy and hold, BRRRR, flips, STR/MTR, etc. opportunities.