That’s not a great investment. $80 a month is a rounding error when it comes to rentals. Your HOA could go up $50 Jan 1.

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Sep 30, 2024
10:20:40am

vegasnative All-American

That’s not a great investment. $80 a month is a rounding error when it comes to rentals. Your HOA could go up $50 Jan 1.

then you basically aren’t making anything even if it is rented all the time. Investment properties should be bought in cash if at all possible.

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vegasnative

Bio page: vegasnative
Joined: Oct 17, 2012
Last login: Sep 30, 2024
Total posts: 7,919 (755 FO)

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Messages

Author

Time

Wanting to get into an investment property. Would be my first one and learning

scrubbed03

10:07am

What are you budgeting for repairs and capital expenditures (HVAC, Roof, etc) at

johnnybyu

10:10am

Did you factor in vacancies, repairs, taxes, insurance and any other

cougar95

10:12am

Just make sure you consider that netting $80 per month is not guaranteed

Gente_Boa

10:14am

I haven't pulled the trigger on an investment property yet, but been wanting to

Duke Silver

10:46am

I agree cash flow is not where you make most of your money

Gente_Boa

12:13pm

I think that cap rate is too low.

LifeLongLakerFan

10:18am

That’s not a great investment. $80 a month is a rounding error when it comes to rentals. Your HOA could go up $50 Jan 1.

vegasnative

10:20am

What is your “why?”

CougieMcCougFace

11:09am

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