Rented one for $625 to a regular tenant renting the other one for $550 to a person that will use it as an airbnb (I'll keep everyon posted on this)We did some fixes to the 2 non-remodeled not as heavy as the others (painted walls, fixed things that were not working) rented one at $695 all bills included and have a potential lead at the same price.

She loves the idea of investing in rental properties.Getting close to 50% savings rate on a $65,000 salary $30,000 in retirement account but don’t want to touch that just yet A good friend who’s a realtor sends me leads for properties under $250,000 just to see what’s out while I save.I am willing to put in sweat equityAny suggestions would be helpful!

At the same time, a number of the leading industry minds, and young entrepreneurs are dismissing technology as just another tool.

You may find yourself in a cash flow negative situation if you pull all $82.5k out on a refi if your rent rate is not high enough.

View report*This link comes directly from our calculators, based on information input by the member who posted.this is the same deal analyzed as a rental property. now I know this is on the negative side but in reality I would be living for that negative $26.

While you have to find leads either way, on the business side you have to focus far more on leadgen and financing than swinging hammers.  

I’m putting in 20% down on the 255k property, it might need 5-10k fixes and overall closing will be close to 60k with a 205k loan.Monthly expenses will be ~$1k (repairs, management, vacancy, tax, insurance, etc.) and rent ~$1.5k putting me in a negative cashflow!!

I’m putting in 20% down on the 255k property, it might need 5-10k fixes and overall closing will be close to 60k with a 205k loan.Monthly expenses will be ~$1k (repairs, management, vacancy, tax, insurance, etc.) and rent ~$1.5k putting me in a negative cashflow!!

As for blanket marketing...finding vacant properties are much better quality leads.

I'm not trying to be negative, but I would highly recommend getting a job in the meantime, and then making a transition into Real Estate.