Both properties are in A areas with great tenants. 

We worked with a lawyer over there who is a US ex-pat who created and registered a local LLC for us, which owns our properties.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I am looking into my first property and have been pre-approved for a renovation loan from a conventional lender.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I paid only $8,000 for the property because the previous owner no longer wanted it.

It’s a fully renovated, modern-styled, 2-story townhouse with 3 bedrooms, 2 bathrooms, and a basement in Baltimore County, where I live.

When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.

Here’s why:Affordability: You can find solid properties here well within your $200k–$300k budget.Cash Flow Potential: Indianapolis has a growing population, a diverse economy, and relatively low property taxes compared to some other midwestern markets like Cleveland.Investor-Friendly: Indy is landlord-friendly with strong rental demand, especially in neighborhoods near downtown, universities, and revitalized areas like Fountain Square or Irvington.If you’re open to a strategy involving light renovations, there are plenty of opportunities to add equity and boost rental income here.

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.