A lot of press lately about single family housing becoming the new asset class for big investors. I think it can be done profitably for small investors also. Recently, one of our property owners picked up a 1,900 ft +/(-) property for $110,000. Property needed $5,000 of cosmetic repairs to get it ready to rent. It should rent for $1,300 per month. $15,600 gross rents per year on a $115,000 investment…Not bad.
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