I know of forest bluff and Austin colony developments by DR Horton in Austin that will give me that kind of rent, but since I have already bought one in Austin I don’t want to put too many eggs in one basket.I liked one new townhome construction by DR Horton in Durham within my price range but are not offering the phase 1 to investors.

I bought a group of 3 duplexes, and 2 single families on a no money down land contract. 8% interest.

Assuming zero appreciation, lets say you bought these in Oakley 10 years ago, your networth would be double or triple that 5x, so 15x better than 1 home.

Going in I knew it was tenant occupied but on a month to month (but paying weekly) and it was a fast close and typically I deal with any inherited tenant situation while still in escrow and have some kind of contingency/agreement in place for that but I bought through a wholesaler this time and it was basically a no contingency deal.

Long story short, bought and sold condos in oak grove.

The only cash flow you will ever get will need to be bought with your own money/equity.

Long story short, bought and sold condos in oak grove.

The comps were bought by investors or as-is deals as well that needed repairs.

I’m 24 and the company I work for now was bought out about a 8 months ago so I now have a new 401k and the old one has about 10k in it.

I moved to Ann Arundel county in MD last year where I bought a townhome that I plan to turn in to a rental within the next year or so.