All Forum Posts by: Mark Goodson

I'm looking to purchase a SFH a ranch. If I buy this property and rent it I'll only get enough to make the mortgage every month. What I'm betting on the property value going up and equity because it's in a great neighborhood I think. The city is currently in the process of widening the road that runs along side the home and adding a traffic light and a subdivision is being built within a mile of the property. Has anyone bought a property under those pretenses.

I'm looking to purchase a 2300sqft. Ranch home with a basement to convert to a multi family. The basement has a separate entrance and bathroom has already been installed what other changes I need to make it legal. Will the bedrooms need a window and closet. This is my first attempt at buying rental property I need input.