We are looking to buy and hold. 

A property manager normally will charge 10%.Lastly, does the job your currently hold have enough income to allow you to purchase the properties and maintain your debt ratio on below 50%?

Hello All,I'm interested in feedback on the multi-family & SFR real estate market in Greensboro, NC.I would like to hear from BP members that are in the trenches and/or currently invested in this market.Key indicators like job and wage growth seem to be holding steady for the last several years and property values seem to be increasing steadily.Can someone give me their view on the current cap rates & vacancy rates for multi-family properties.I would also like to connect with residential & commercial real estate agents for any current/future opportunities.Thank you in advance

I have decided it is time to once again add RE to my portfolio, with the intent to buy and hold.

Hi BarbaraI'm in Fort Pierce as well but tackling the buy/hold strategy.

I plan to use that 40k towards renovation costs, holding costs, & other expenses.

If you have the ability to purchase instead, buy and hold rentals will pay a lot more money over time.

As a wholesaler I'm wondering as you are, I've recently put a property under contract that is in the same condition, I know there is no room for fix and flip but as a long term buy and hold rental for $5,000 purchase price I would think someone would want to invest.

I'm looking for buy and holds with the hopes of doing flips down the road.I started this journey in real estate to make a better life for my two kids and I.

Not onky that but you can hold on to the cash flow properties till they are paid fully for your retirement so its a short term and long term benefit for both of you guys!