My problem is trying to save enough money for the downpayment on the next property, since living expenses hold me back from saving as much as possible.

So, it becomes a much more palatable transaction with a ton of upside.He sent me the rent rolls and all the expenses, all rents are at market rate or slightly under but all units have so much growth to have with updating outside/reno bath/kitchens.

I am from North NJ so very expensive locally and not sure what type of investment to get into out of all the options.

I don't see the average Jane being able to afford to live in a furnished rental as a traditional tenant.

How would most sellers react to a 3-4% interest rate?

pid=2061Houston Real Estate Highlights in February, 2024;-Single-family home sales rose 7.6 percent year-over-year, the third increase in the past year;-Days on Market (DOM) for single-family homes went from 64 to 57 days;-Total property sales rose 7.0 percent with 7,541 units sold;-Total dollar volume was up 11.8 percent to $2.9 billion;-The single-family median price rose 3.0 percent to $329,686;-The single-family average price rose 4.1 percent to $400,252; -Single-family home months of inventory registered a 3.4-months supply, up from 2.5 months a year earlier;-Townhome/condominium sales continue to decline, falling 8.1 percent, with the median price up 8.9 percent to $237,500 and the average price up 5.5 percent to $258,587.

Again, Especially if they’re using a PM and get a pretty little report of all the income/expenses and a 1099.

However, it is likely that I will want to use my commissions to fund repairs, use as a down payment, or even cover expenses on these investment properties.

We may be buying and completely gutted house soon and hope the things I want inspected (basement walls bowing, sewer pipes, and basement floor) don’t turn out to be too expensive to fix everything should turn out pretty good for that property as long as comps support it.

The challenge for me is that I live in San Diego CA and the market is expensive and I compete with owner-occupiers who will pay top dollar.