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
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

55
Posts
4
Votes
Ryan Shuchman
  • Rental Property Investor
  • Ann Arbor, MI
4
Votes |
55
Posts

8 SFHs so far

Ryan Shuchman
  • Rental Property Investor
  • Ann Arbor, MI
Posted

I thought I'd share my investments to date and ask a question. I have 8 SFHs renting from 1300 to 1700 a month. No section 8/HUD. Mix of older homes and newer homes. Total cash flow is approx 3800 a month after all expenses. They are all on 2 or 3 year leases and require pretty low attention as I have a good handyman for fixes.

I've focused on nicer stuff which of course has a lower overall return. In terms of next steps, has anyone moved from a model like mine to a higher attention required model that might offer better returns? I have a very busy day job and family life so I don't want to deal with high touch tenants and issues. Thanks.

Most Popular Reply

User Stats

658
Posts
315
Votes
Brant Richardson
  • Investor
  • Santa Barbara, CA
315
Votes |
658
Posts
Brant Richardson
  • Investor
  • Santa Barbara, CA
Replied

You may be able to use a property management company with cheaper properties and still get a good ROI. One of the big ways property managers ream you is repairs. If your cheaper properties are within a reasonable distance maybe your handyman will take care of them if you pay his driving time. You could stipulate that the property manager is to use your guy for repairs.

Loading replies...