If this will be your first rental, I would probably wait a year or so after renting it before scaling into more properties, especially if you will be traveling.

This negative position can consume years of cash flow to recover.

@Brandon Morgan I’ve worked with both friends and family over the years.

You have $190,000 in equity earring $7,200/year when there are no repairs and no vacancies.

Hi All, I rented out an apartment about 4 years ago in Brooklyn. 

Nearing completion, aiming to finish renovations by year-end and move onto the next deal.

David Happy New Year and Welcome to BP!!

Instead of buying the same type of property each year, the idea is to gradually increase the size or number of units in each deal.

. ($150k down, 5 year seller financing.) my point being you may get $20-$40k more in a year if you don’t need to sell. 

Invitation Homes’ stock has traded at a particularly large discount to NAV since interest rates began to rise in early 2022, but the gap has widened by 10 percentage points in the past year.