Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
btn_google_dark_normal_ios Created with Sketch.
Continue with Google
Continue with Apple
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated 28 days ago on . Most recent reply

Mike Kirby's profile image
Mike Kirby's profile image
Mike Kirby
  • Rental Property Investor
  • from New Braunfels, Texas
  • Member since Dec 14, 2021

User Stats

241
Posts
205
Votes
Mike Kirby's profile image
Mike Kirby's profile image
Mike Kirby
  • Rental Property Investor
  • from New Braunfels, Texas
  • Member since Dec 14, 2021
Mike Kirby
  • Rental Property Investor
  • New Braunfels, TX
205
Votes |
241
Posts
Buying & Selling Real Estate

Good deal or Not?

Mike Kirby
  • Rental Property Investor
  • New Braunfels, TX
Posted

We bought this house in 2020 for $70,000, we put $65,000 into the rehab. We have gotten $73,800 in rent since then. We just sold it for $240,000. Was it a good deal? 

San Antonio, Texas
2 Votes
Follow
18 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Janice Carter's profile image
Janice Carter's profile image
Janice Carter
  • #2 All Forums Contributor
  • Real Estate Broker
  • from Atlanta
  • Member since Feb 13, 2024

User Stats

727
Posts
439
Votes
Janice Carter's profile image
Janice Carter's profile image
Janice Carter
  • #2 All Forums Contributor
  • Real Estate Broker
  • from Atlanta
  • Member since Feb 13, 2024
Janice Carter#2 All Forums Contributor
  • Real Estate Broker
  • Atlanta
439
Votes |
727
Posts
Janice Carter#2 All Forums Contributor
  • Real Estate Broker
  • Atlanta
Replied

Mike, that is a strong deal. You forced appreciation, generated solid rental income and exited with a significant profit. That is exactly how you build wealth in real estate.

2 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...