Typically I've seen about $500-$800 annually in repairs per house per year so that can be viewed as a benchmark.

I want to help my son get off to a great start but I am also concerned what cosigning will do to my debt to ratio and I have been circling real estate investing for the last few years, ready to take a shot now.

Adjust the split if one invests more or takes on greater responsibility.

Hello everyone,I am starting my RE investment journey and after a lot of market research, I decided to start investing in Toledo.

Option 2: I found a house that the asking price is 930k , but I’m sure I can get a discount on it because it needs a lot of work , it doesn’t qualify for traditional financing , so I would need to take a hard money loan , it needs about 150k worth of work , the plan would be to offer the full 930k asking price but ask for a 6% seller concession , I calculated 20% down payment and 7% closing cost , so total after seller concessions comes out to 21% down payment which is $195,300 .

We know how tricky it can be to find legitimate sponsors and solid deals, so we built PassivePockets to give you the tools, resources, and community support to help you invest with more confidence.

We have a housing shortage, so that helps too.Of course this is not easy and requires extra effort.

The thing I like about lots/land is there is a lot less emotion involved compared to houses. 

Discrepancies typically are wifi passwords and smart lock codes but they can be anything, like checkout instructions or the color of the house.

You can take your money and invest in other ways.