Context: I’ve been using MLS, realtors and wholesalers to seek out my first investment property (debt free outside existing mortgage, $100k cash saved, stable income), since my network is fairly new and limited as a green investor.

source_impre...Even if you are not currently a host in search of property management feel free to share any information you think would be helpful.

Feel free to reach out to me and I’ll connect you with them. 

Shelter increased 5.4% over the last year, accounting for over two thirds of the total 12-month inflation increase (BLS).

The security deposits total upwards of 7k.

Eventually, years down the road, I would like to sell some of the properties that I have acquired to pay off other properties and own them free and clear.

You can use it for free, go to app.runcomps.org and enter your_best_friendThis only has Los Angeles/Ventura data (since that's where I work), but something similar could be built out if you have access to transaction-level data for your market

If you're interested in co-hosting, feel free to reach out and I can share some resources.

Building Details:- 2 on bottom 2 on top - 3/1.5 ba 1100sqft - 7 yr roof - prob $35k - 50k total work/updates to make awesome.- Neighborhood ~ C- but a C- area here doesn't mean too much, smallish town ~ only about 50k peoplePurchase Price: $660,000Appraised Value at Purchase: $730,000Interest Rate: 6.625% - 30 year fixedDown Payment: 10% / $66,000Cost to Make Rent Ready: $14,000P&I - $3803 T&I - $898Total PITI - $4701/moCapEx, Vacancy, Maintenance - $1099/moTotal Monthly Costs - $5800/moCurrent Rents - $3800 (3 units)Fair Rents ~ $5000 but will likely only charge ~ $4500 to start.

Goodluck and feel free to connect.