![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2247564/small_1657295320-avatar-jamesw979.jpg?twic=v1/output=image&v=2)
24 May 2024 | 6 replies
I am unsure if they are a good investment, but I am leaning towards yes, I don't have anyone around me to ask so I decided to come here.House 1. rents for $825/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 2. rents for $600/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $50/m after mortgage payment are made.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2879701/small_1700544668-avatar-johnc2129.jpg?twic=v1/output=image&v=2)
22 May 2024 | 7 replies
Yes, there is a plethora of leases floating around the internet, but if you want to manage your property properly, it requires a lease agreement that fits the way you want to do business and helps you to cover costs, avoid liabilities, and increase revenue.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3025778/small_1716224338-avatar-patricku8.jpg?twic=v1/output=image&v=2)
22 May 2024 | 11 replies
to be direct: your first property, and possibly first several properties, are likely going to cost you money.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3008574/small_1714357256-avatar-simonem39.jpg?twic=v1/output=image&v=2)
22 May 2024 | 6 replies
My realtor recommended I get a home warranty to protect against issues that could cost me $1000s of dollars.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2520981/small_1664986853-avatar-ericb930.jpg?twic=v1/output=image&v=2)
25 May 2024 | 9 replies
I am very eager to start taking action and learning but live in a high cost of living market (Boston) currently and for several reasons (need to save more, move to lower cost of living place etc.) will not be able to start for at least 1.5 years.
25 May 2024 | 4 replies
How much will it cost to get me the licenses?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/88973/small_1621416508-avatar-asechay2.jpg?twic=v1/output=image&v=2)
22 May 2024 | 2 replies
I have a series LLC for my rental properties in Utah, but I am not sure how effective it would be for holding a property out of state.2 - I do subject to deals in Utah using a General Warranty deed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2766065/small_1688012096-avatar-joseb239.jpg?twic=v1/output=image&v=2)
25 May 2024 | 3 replies
If not, do you know someone that can manage it for you and is there enough money available to cover their costs?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1598724/small_1674058319-avatar-allenb61.jpg?twic=v1/output=image&v=2)
24 May 2024 | 15 replies
You need to get a clear understanding of the cost to repair, if it can even be repaired.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2995428/small_1712954054-avatar-christopherd616.jpg?twic=v1/output=image&v=2)
24 May 2024 | 6 replies
Negatives are that there is an additional cost for me and if the tenant doesn't pay the water bill, i would end up with a potentially large bill at some point.