Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment? 

Hi AllHappy new year. Back again with few more questions to seek experts input.I am currently looking to shortlist some locations for my first rental investment property.When you look location what factors do you cons...

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...

Hello all,
I'll get right to it. I am in discussions to seller finance a townhome-style quadplex. Each unit is 2 bed 1.5 bath. Total sq. ft = 4500. Property sits on 1 acre. Paved lot with plenty of room for cars. Rur...

I'm currently renting and when  decided I wanted to focus on real estate investing, I decided not to buy in Tampa because of the low MF inventory and in home house hacking is not for me.

Doing so will help you avoid capital gains tax if you decide to sell later.Second: Test it out by renting the property for a year.

We haven't decided if we want to keep this or sell it.

If you're interested in seeing how that all breaks down from an income and expense standpoint, I created this Sankey diagram to share with you:As for me, I'm planning to leave my w-2 job and take a little career break before deciding what's next for me. 

We're trying to decide whether or not to pay it off or save to buy another property.