We have a few investor clients that purchase here because it’s more affordable. 

@Ketul ShethRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Purchase price: $550,000 Cash invested: $1,050,000 7-unit new build to rent What made you interested in investing in this type of deal?

Purchase price: $1,050,000 Cash invested: $250,000 7 unit BRRRR deal What made you interested in investing in this type of deal?

Since currently we are saving money by living with my parents, I would be hoping to use my first purchase as a place we could also live in.

Purchase price: $650,000 Cash invested: $150,000 Sale price: $770,000 townhouse development What made you interested in investing in this type of deal?

At Lowes you will enjoy 5% off any purchase at the register which is more than you are likely to get back on your personal card.

We purchased brand new furniture in one rental and 2nd hand furniture in the other.

My dream is to purchase a (10+ unit) in the next year or two.

Your basis in the property is purchase price plus improvements.