Acquired 1-bedroom rental property, generating 30%+ cash-on-cash return.

As a reminder, our rules require all content to be human generated, based on your own knowledge or experience.I'm shutting 'er down.

For example, you can get a 3 bed/2 bath SFH in a decent neighborhood for about 270-300k that can generate a rent of about 2000-2300/m.ThanksMohammad Parwez336-999-9086https://mohammadrealtor.com  People really invest 300k to make less then 6% net?

But then they look back and wish they would have kept it because it would still be generating income for them.

But I have many automations set up and have very detailed financial statements I generate every month so it definitely took me a few months to get the hang of it.

. - Even if it takes me 6 months to find a tenant at $25/sqft + NNNs, I would still generate more NOI in year 1 than on a multifamily property with similar square footage.

Those will have you generating cash, building wealth, and learning how to manage well.

The Millpond Ct property sold for $785,000 on 11/15/2024, generating a remarkable return on investment.

To fund additional investments, consider side income, creative financing or creating a timeline with your co-owner for converting property B into a rental to generate cash flow.

So I would like to get some help from people who are actually investing.I am aiming for a single family home or multi family home and I am constantly looking at properties around Austin TX.I am looking north of Austin to Dallas and south of Austin to San Antonio.However, Austin is not easy to find an investment property that generates cash flow considering the cost of rehab.Can you give me some advice on my first investment?