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Message
Posted on 2/27/16 at 12:19 pm to poochie
Looking to slowly get into REI. New job while likely be in BR. Would like to buy instead of starting a new apartment lease, so I've started looking a little on listing sites.
I know the BR market is high. I can't seem to find any properties that would bring in over 1% of total cost. I am open to any type of property. Doesn't seem that there are many duplexes or fourplexes in the BR area that aren't C/D type properties. I am wanting to live in this property for at least a few years, so I'm not living in Gardere or north of Florida. And I don't want to deal with these types of renters (I would think).
So that leaves SFR. Seems you can find quite a few that will rent for 1% and would at least cash flow a little and hopefully appreciate. But SFR and vacancies kind of scare me.
I know this is not very focused. I'm reading BPs and other sites as much as I can. But I guess, am I at least on the right track as far as the BR market goes? I'm assuming the best deals never make it to Zillow or Realtor. If not how do I find these? I don't mind a fixer upper but I don't want to live in the slum either.
Thanks for any advice. I'll shut up![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
I know the BR market is high. I can't seem to find any properties that would bring in over 1% of total cost. I am open to any type of property. Doesn't seem that there are many duplexes or fourplexes in the BR area that aren't C/D type properties. I am wanting to live in this property for at least a few years, so I'm not living in Gardere or north of Florida. And I don't want to deal with these types of renters (I would think).
So that leaves SFR. Seems you can find quite a few that will rent for 1% and would at least cash flow a little and hopefully appreciate. But SFR and vacancies kind of scare me.
I know this is not very focused. I'm reading BPs and other sites as much as I can. But I guess, am I at least on the right track as far as the BR market goes? I'm assuming the best deals never make it to Zillow or Realtor. If not how do I find these? I don't mind a fixer upper but I don't want to live in the slum either.
Thanks for any advice. I'll shut up
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
This post was edited on 2/28/16 at 10:58 pm
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