I want to check where my head is at after owning 6 properties and putting over 100 offers in over the past year.1,100 sq ft 3/1 house in a nice neighborhood built in 1960Purchase price: $42,000Borrow $35,000 @ 5.5% 15y$3,000 for clean up and repairs$10,000 cash investmentProformaRent $900 a month = $10,800 a yearMortgage $286 a month = $3,432 a yearTaxes $100 a month =$1,200 a yearInsurance $100 a month = $1,200 a yearI know there is unexpected vacancy costs, maintenance costs, lawyer costs etc...

For my own SFH investing and grading properties for tax sale bidding I use;A = very nice areas probably to nice to be profitable as rentals.B= the kind of neighbor hood I want to own rentals, nice blue collar homeowner areas.C= Viable rental areas where there are landlords buying but I wouldn't want to own there.

Hi AlMy neighborhood does a big NNO event.

I like your style Nigel Dixon.

I really like the house and it will likely appreciate in the neighborhood it's in.

There are lots of very simple and effective way to market that you buy houses without spending a lot of money from signs in the yard, bandit signs around the neighborhood, negotiating with a local business that has a blank wall facing a major street (think gas station on a corner) to hang a banner on the side.

She was buying in a neighborhood in Salt Lake City, Utah called “Sugarhouse,” that scores big points with owner occupants.

I just feel like something must be wrong for it to be such a great deal.10 unit ranch style apartment building (6) units 1bd/1ba (4)units 2bd/1baAsking price $155,0001bd rents for $300 2bd for $400 - Total $3400/mo$155,000 X 2% = $3,100$3,400/2 = $1,700$155,000 at 5% over 30yrs = $832/mo paymentprofit = $868/mo Owner will finance.

Everybody had their style, but I'd decline them (probably).

., nice neighborhood and home well maintained.