re: Information for my fellow Real Estate Investors

quote:

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I think a much better price point to get into is the $50-75k a unit.

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Even if he makes no money? lots of markets are over priced and don't cashflow at all. plenty markets do cashflow. markets are different price wise. Don't just issue a blanket statement for every market in the USA.

As a matter of fact the best times are over for SFH now in most markets that were hot(at least that i've seen and per many others at Think Realty). it was shooting fish in a barrel in 2013 and 2014. not so much now. now home prices in plenty previously hot markets have risen substantially and some markets have flat petered out now as far as cash flow. Wait til the next crash and scoop up a bunch at rock bottom prices. buy right or do not buy at all. That's how so many lost their arse in 07 and 08.

now there are still plenty cities with good cash flows but not like a couple years back. I wish i could have bought even more back then. I'm still looking but the cash on cash returns have dwindled in many markets. I cannot see spending 40k 0r 50k more than i ususally spend to make LESS cash flow than i get on cheaper properties.