Hi guys, I'm super curious on the math with these section 8 rentals... home around say 60-90k ish. you put say $10k down. after all expenses, nets around $500/mo does that sound right to you? Obviously every deal is slightly different. Just trying to get an idea of approx how many homes are needed... so I can set goals for myself etc.
@Joseph Khateri Thanks man.... this is interesting.... I have a rental property already from my dad.... (commercial car lot). I like the lower $$ in..... lol.....(doesn't everyone).... would be easier to peel off that $$ from the business every month or few months as the cashflow allows and get them rolling. I guess everyones goal is to cover bills etc. I'd want $10k/mo to really not have to worry, thats my goal #.