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Sep 30, 2024
10:20
:40
am
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
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vegasnative
Joined
Oct 17, 2012
Last login
Sep 30, 2024
Total posts
7,918 (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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