Lessons Learned From Our First Months of Real Estate Investing
As I mentioned in our last post, we bought our first rental property about two months ago. Based on the calculations that I had done I thought it was going to cashflow (the amount left after paying all of the expenses and the mortgage) around $300 a month. I had been using this excellent spreadsheet from F.I. Nomad to analyze properties. It is a really great tool and helped me narrow my search and filter out properties that wouldn’t be…