The location (schools, restaurants, crime, etc) is decent but nothing too promising in terms of appreciation (3% annual average) Here are the details: Purchase price: $170,000Rental Estimate per month: $1500-$1550HOA: $1000/yrInsurance: $1100/yrTax rate: ~3.4%I assumed the following:I use a 20% downpayment on a 30 year fixed conventional loan w/ 4% APRNew build so warranty is covering most things so minor, if any, maintenance will be neededTake into account 1 month of vacancy per yearTake into account annual broker fee to list of one months rent~5K closing costs~2k in appliance purchasesResult: Assuming rent range of $1500-$1550/month and assuming 1 year I wont have to pay the broker fee to list:From my cash flow analysis I am projecting to have positive cash flow of around .02%-2.1% per year.

I just found a house online that sold for something stupid low like $12k.

When I was searching around the internet one day and was reading about real estate I came across BiggerPockets and now I've created an account to learn more about real estate.

Account for x2 the dumpsters and x2 the demo because plaster is a PINTA to deal with.

If you are cool with online one-on-one then BP is THE place to find someone.

Regardless of the nature of your business, it is critically important that you maintain accurate and up-to-date financial records. Managing your books will not only help to evaluate the performance of the business but...

Hi there, my name is Nathan and a wonderful Irish fellow named Brendan introduced this website to my partner and I.He spoke very highly of this community online and I believe has done very well in his investments.I have one question and perhaps you can guide me.

They're the only ones flexible enough to take into account all the information you provided.

You just have to account for proper potential risk.

During this 10 years, my cash just lies in the account and does nothing, when I would prefer to invest it right away.Anyone in the same boat?