Purchase price: $118,000 Cash invested: $30,000 This is a single family property this is rented by the room.

I purchased a package of 4 properties in Little Rock, AR in September 2020 and renovated them to increase the rents.

Having 3 furnaces and 3 hot water tanks would take up most of the room on the ground floor where I had a small one bedroom collecting much less rent if none at all.I would have to replace 3 boilers and 3 hot water tanks when it's time.

I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market $1800)1.

You may drastically lower your living expenditures and increase your capacity to save for future investments by renting out some of your units while you live in others.Starting with a duplex or triplex is a sensible choice, given your aims and money.

Should I just go back to getting the property rented out completely and then market it for sale?

Hi.I have a tenant that she hasn't pay the rent for JULY yet.

There are people still moving to TN, which will continue to push pricing up, and while most of the country has seen rents either flatten or go down, most of these markets have done pretty good.Problem is in the short term it may  cause an affordability problem, especially in the smaller markets that don't have enough building.

Not saying that all wholesalers are bad, but having that barrier between you and the seller increases your risk and decreases your margin. 2) Stick to your numbers.

Louisville seems to be becoming saturated with "luxury" apartments, so my guess is that the <$1000 rents are a solid bet.