My math showed it is a 9 cap based on actuals and will be a 13.5 cap after it is re-positioned (market rents, sub metering water).

I have had an interest in becoming a real estate agent for a little while now but never took the time to actually begin my journey.

I am curious if anyone lists the properties before they actually close on the deal?

If, however, I choose not to retire poor, my tax bracket might actually be higher than it is now.

Then actually do it, if they offer you something. 8.

I'm okay with it not being positive cashflow immediately but, I am also trying to keep my monthly payments down as much as possible.The main reason I'm moving to NJ is because finding multi family units there is actually affordable to me, rather than NY which is out of reach for me at the moment.

The greater the piece of mind for you the more it will cost.

I would rather just hear from people who have quite a few properties what they actually have paid over at the very least 5 years and hopefully hear from people who have actual numbers from owning properties for longer.I'm sure this will benefit everyone who has new properties or people looking for actual numbers.Thanks in advance!

I would rather just hear from people who have quite a few properties what they actually have paid over at the very least 5 years and hopefully hear from people who have actual numbers from owning properties for longer.I'm sure this will benefit everyone who has new properties or people looking for actual numbers.Thanks in advance!

With the private lender, we only had to put 10% of the purchase price down on each property, but were actually still given a very good interest rate.