Author Archives: Damon Cameron Jr

I Bought another Rental Property at 24! | Full Property Tour đźŹˇđź’Ľ

At just 24 years old, I purchased my first rental property—and in this video, I’m giving you the full tour! From the layout and renovations to why I chose this investment, I’ll walk you through every detail. Whether you’re thinking about real estate investing or just curious about rental income at a young age, thisContinue reading “I Bought another Rental Property at 24! | Full Property Tour đźŹˇđź’Ľ”

Can I Invest In Real Estate with a 9-5 job?

Do you have a 9-5 job? Many people believe that real estate requires 40 hours a week like their current employment. Some investors work 40 hours a week on there real estate business while others work 40 hours a year. Real estate investing does not have to be a full time job. Real estate canContinue reading “Can I Invest In Real Estate with a 9-5 job?”

What Is The 2% Rule and 50% Rule?

2 % Rule The 2% rule is a quick way to determine if a property is worth pursuing further. The 2% rule takes the rental value divided by the purchase price multiplied by 100. Negative Cash flow= 0-1% Positive Cash flow= 1-2% Positive Cash flow= 2% + Example: A single family home was purchased forContinue reading “What Is The 2% Rule and 50% Rule?”

How to Buy a Rental Property Step-By-Step

Credit is the most important requirement to get a traditional mortgage from any financial institution or credit union. The minimum credit score for a loan tends to be between 580-600. Generally, the higher credit score you have (620+) the better. The higher your score the lower your interest rate will be on a monthly basis.Continue reading “How to Buy a Rental Property Step-By-Step”