You would have a better idea of that depending on how new the home is but eventually you will have a major repair due to aging or a tenant destroying your floors.Assuming about 10% between maintenance and CAPEX, 8% for vacancies, and adding the 10K for renovations and closing costs you would come in at a 4.7% CoC return.

You can absolutely invest in real estate...eventually.

Yes, he/she will leave eventually but the longer they stay (while having a fair market rent amount) the better for me.

My wife is from Paraguay and eventually we would like to move there, but the only way I feel I can provide for us is if I have passive income from here. ( My Spanish is not bad, but I'm skeptical of the opportunity there).

My wife is from Paraguay and eventually we would like to move there, but the only way I feel I can provide for us is if I have passive income from here. ( My Spanish is not bad, but I'm skeptical of the opportunity there).

BRRRR is what we have in mind to eventually do.We've considered a few options:*Purchase a pre-forclosure/short sale & renovate *Convert a single family into a multifamily *Buy a piece of property and construct a new multifamily Whichever path we choose to go, we would like get insight/feedback/advice from BP member's who have  traveled down this road. 

Those dividends will eventually (around 15 years) be enough to pay your premium each year.

They probably get 10 investors a week call them asking for the same thing and most of those people eventually fizzle out and never buy anything.

Yep many judgments never collect.Just like deficiency banks will go after a borrower sometimes and wait.With both types they just pay an attorney to file and record it.You leave it alone and eventually one of 3 things will happen.They will file a BK.They will want to buy a house or clean up the credit and will offer to pay part of the balance for a release or pay in full.So if the amount owed is substantial you pay the attorney to file and play the percentages on collection.

Guess Congress will work on that attitude and do away with capital gains exemption for personal residences eventually.