Updated almost 10 years ago on . Most recent reply
Opened escrow
Just opened escrow on a condo for $105k in Henderson, NV. Thanks to BP I finally decided to make the jump and get my first buy and hold investment property in NV. Doesn't need any repairs and it already has a lease in place for the year at $875. The HOA is at $182. Purchased this one all cash closing escrow on March 31. With all cost factored in using the BP calculators this property should be cash flowing just over $450 per month. I'm happy with the return I'll be getting on this one. I'm thinking of buying another one in this complex once I close on this one. I'll keep this post updated as we go through inspections and get through to closing.
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Dmitriy Fomichenko
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Dmitriy Fomichenko
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That's pretty good, and congrats for finally making the jump. I believe getting started is the most difficult part, and you will definitely enjoy more deals coming your way.
Good Luck!