LogFAQs > #943604480

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Why aren't you guys investing into real estate?
emblem boy 08/20/20 9:01:35 AM #4:	Haven't found any good deals. Finding something cheap takes work that I just haven't set myself up for. Wholesaling, cold calls, and stuff. Regular houses of the market don't really seem like a good enough deal to me. Purchase price is too high and after accounting for vacancy, repairs, etc. The rent just doesn't bring enough monthly cash flow. You'd have to just hope to break even every month and it then just becomes a long term goal of just paying off the mortgage, which is actually fine... But at that point I'm just hoping for appreciation it seems. I'm just very risk averse to real estate for some reason. One of these days though --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:943604480] in Why aren't... [t:78923121]...</cite> <quote>Haven't found any good deals. Finding something cheap takes work that I just haven't set myself up for. Wholesaling, cold calls, and stuff. Regular houses of the market don't really seem like a good enough deal to me. Purchase price is too high and after accounting for vacancy, repairs, etc. The rent just doesn't bring enough monthly cash flow. You'd have to just hope to break even every month and it then just becomes a long term goal of just paying off the mortgage, which is actually fine... But at that point I'm just hoping for appreciation it seems. I'm just very risk averse to real estate for some reason. One of these days though --- Pitter-patter, let's get at 'er</quote> ... Copied to Clipboard!
Topic List	Page List: 1