All Forum Posts by: Kay Kay Singh

The rent in any city depends on property and the location of the property but I do have a couple of properties in 30 to 40k range bring me a rent of $600 and $675 and the tenants have been there for several years so I think they can not find anything cheaper than that.

We will be there for sure.

Welcome to BiggerPockets and do not worry you have come to the right place and will find a lot of friends here who can walk you through .Good luck!

Not a smart move I guess!

@Kris Miller my two cents and a simple formula is 50% rule.So if the net revenue is $10225x 12 =122700 divided by 2 is $61350 (NOI) multiply by 10 (cap rate which is variable depending on the situation of the building) So the strike price would be $613350.

I think we can talk and see if something works out for both of us and we have a net worth and liquid assets.

I am in any day any time food or no food any zip as long as it is productive and informative and which I think it will be.

Ivan Barrett

I will love to take a look please pm me.

Brandon Schlichter Good job and I am a landlord by accident and I bought 35 SFRs in one shot two years ago and bought 7 more recently and I also manage them myself and have plenty of time . But I think there should be a mix of SFRs and multifamily because you can have a good cash flow with your SFRs and can build wealth with multifamily.One more suggestion use PDFfiller for your leases , notices and evictions. A very good tool for landlords.