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Real Estate Deal Analysis & Advice

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Brett St Clair
  • Investor
  • North Pole alaska
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123
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Help me pick a home

Brett St Clair
  • Investor
  • North Pole alaska
Posted Jan 18 2016, 17:40

So here's the deal I own a few investments already 4 to be exact that cash flow about 6 a month and have a 6 figure job 140k after taxes that I travel for work. My ideal situation is to pickup about 10 more rentals within the next 2 years so I can just live off that income.

My Delimma is I still have to travel for work for the next 2 years and the town I want to move back home to has seen around 20% appreciation so do I buy a personal home and rent it which would be easy or do I focus on buying more rentals? The rentals cost me about 60k each with 25% down so 15k. My home town home prices are 300k. 

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