buy and hold and self managed
Investment Info:
Single-family residence buy & hold investment.
6 SFH
all cash flowing $1200 or above each
passive income after PITI, HOA, management, vacancy, and expense roughly 7k
What made you interested in investing in this type of deal?
it's the most cash flow you possibly can make.
rent out each rooms in a home individually. a SFH that cost 250k, rents out for $1700 in say 78747, i can make $3300 instead by putting up walls and rent rooms out individually.
How did you add value to the deal?
adding walls and establish rules and chores to the tenants.
What was the outcome?
can still meet the 1% rule (1.5%) easily buying brand new homes off MLS if you're willing to self manage your tenants.
