It's also a good way to learn a lot before you jump into investing plus be able to increase that income. 4.

They can rent one if they want. 4 bed 4.5 bath 160k gross income 2021.

Lol I expect an increase in overall cost.

Quote from @Evans Debeza: Hi All, I am new to real estate investing and am looking for ways to help help me expand my knowledge and experience in the business as I look to grow my portfolio (currently have two properties, one ground-up, one flip & rent, both totaling 5 rental units).

Purchase price: $250,000 Cash invested: $5,000 This was a property my wife and I purchased to live in while fixing it up with the idea of renting it out.

It’s an upper/lower duplex that me and my fiancé live in while renting out the upper unit.

A study by Geraci LLP, analyzing data from 125 lending companies, shows that the private lending industry performed significantly better in the first four months of 2024 compared to the same period in 2023.When it comes to short-term loans—like fix-and-flip, construction, and bridge loans—there was a notable increase in production from 2023 to 2024.

If I were you, I'd keep enjoying that income and manage it yourself - thus increasing it.

I grew up in the area for the past 13 years, duplexes and houses alike are at 2000 a month for rent in this case.

Simply having a bankruptcy in the past doesn't mean that the tenant won't pay the rent.