Purchase price: $420,000 Sale price: $600,000 Approximately 2500 sq.ft. 3 bedroom, 3 bath, two level home on Tanoan Golf Course.

Purchase price: $390,000 Cash invested: $70,000 This is a duplex that I am house hacking as a buy and hold investment.

Yeah, most properties will rent within 3 months if they are decent and priced correctly.  

A Surface Yield = Annual Rental Income / Property Price.

Price $170,000Rental income $1,750Insurance $1500 /yrTaxes $5000 /yrNo HOAWould this be a good deal?

Just plug the numbers into the BP calculator.We have a very similar price structure in Milwaukee and we opt for higher rent assets in B areas.  

At least the daughter is not trying to raise the price....Hopefully....

I want to use this opportunity to kickstart my real estate journey and am evaluating two options:- Purchasing a duplex and renting out one of the properties- Picking up a single-family rental in the area (alongside the apartment we use ourselves: either rental / owned depending on pricing)The two cities we've been exploring are Carrollton and Richardson.

If you’re not using a primary residence loan then I’d go for the triple because it would likely cash flow better than a duplexI’ve been looking at affordable markets in places that I like to go and the prices seemed reasonable in ME.

It'll probably come back with a less than glowing report which you can use to negotiate the price.