What kind of property did you buy?

Investment Info:Single-family residence buy & hold investment.

You’re going to have to buy at least $1M (or whatever you clear after selling costs.), worth of replacement properties, not $500k.

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

Quote from @Andrew White: Investment Info:Single-family residence buy & hold investment in San Antonio.

What type of properties are you looking to buy?

The type of home you buy determines the tenant you get. 

If you can't identify why an investor would want to buy it - you'll likely have a hard time moving it

I can say that with Phoenix, a multitude of opportunities can be in store for you if you invest in their market, network, or even just want to get familiar with it.What type of real estate are you into: fix & flips, buy & hold, multi-family, or something else?

.- Women are buying more homes.