Updated over 4 years ago on . Most recent reply
Where do I go next with my rental
I found a property I would like to purchase. It's got a 15% ROI and in a neighborhood I know could rent well in. It costs $87,500 and my ROI comes from putting 20% down and property mgmt and the whole shebang
Basically, the area isnt really one where properties appreciate in value much. So what could I do to be able to get my capital back out to be able to purchase my next property?
It seems like a very basic question I know but I’ve been pondering on it for quite some time and can’t seem to figure this small question out. Any help is appreciated!