It's hard to do that in cash-flow markets w/o appreciation.

According to the rent-o-meter, the going rent is 1400 however I think 1100 to 1200 is more reasonable.

Thank you @Esmir O.

I was getting leads at $500/month in Houston which is a very competitive market.Just to clarify the 40K profit that was 28+5+5 and yes I made 28K on my first wholesale deal :o)Good luck with your campaign.

Again, I think rent-o-meter is high.

Reading Rich Dad Poor Dad for the first time at 26 made me realize I could be suck in rat race trying to achieve financial stability from just my J-O-B!

- First National Bank - Josh Adel or Kris MenzP 4058482001 D 4058411828jadel@fnbok- Sooner State Bank - John Robin4057522265 (main)4057678244 (direct)4058504816 (cell)jrobin@soonerstatebank- OSB - Josh Whittington(o) 4052609869 (c) 4053238373JWhittington@osbbank- Valliance Bank - several good lenders there, but I usually work with Matt Clouse:p: 4052865720 c: 4058304810mclouse@vbank- Republic Bank (especially good for Cleveland County, prefer full relationship/local though) Josh Edgep: 4053662719c: 4056598981JEdge@rbtYou might reach out to each of them to field some questions on their underwriting.

I would recommend calling a local title company and asking them to run an O and E (ownership and encumbrance report) this will cost you 5 bucks but it will show any liens and encumbrances against the property, how title is vested etc.

Find a niche, learn to buy w/ a margin of safety, stack the odds in your favor as much as possible so you can get out tomorrow w/o taking a hit if you change your mind.

@Sekelle O.