tables Posted December 7, 2021 Report Share Posted December 7, 2021 Need some advice. US lo which location is best to buy a rental property? May be a 1/2 bed condo? Oka 200 varku positive cash flow undettu… any suggestions? Quote Link to comment Share on other sites More sharing options...
JAI_NTR Posted December 7, 2021 Report Share Posted December 7, 2021 1 Quote Link to comment Share on other sites More sharing options...
sai1685 Posted December 7, 2021 Report Share Posted December 7, 2021 Rental income is really good in and around Miami, Fort Lauderdale Area. There is a cashflow of $500-700 for 450K single family home. eg: 1400 Sq Ft 3/2 single family home value is appx 450K, current rent is between $3200-3500 per month. Even if market goes down, we can rent it for $2700 per month which will be atleast $150-200 cash flow. You should have property in good school zone to get these rents. Quote Link to comment Share on other sites More sharing options...
tables Posted December 7, 2021 Author Report Share Posted December 7, 2021 11 minutes ago, JAI_NTR said: Ee property kadu rent ki adigindi nenu. House rents. Quote Link to comment Share on other sites More sharing options...
Raven_Raeyes Posted December 7, 2021 Report Share Posted December 7, 2021 1 hour ago, tables said: Need some advice. US lo which location is best to buy a rental property? May be a 1/2 bed condo? Oka 200 varku positive cash flow undettu… any suggestions? Honolulu....manchi potential. Recent pandemic valla condos properties baaga tagginayi...its tourist dependent economy so ups and downs vuntayi but overall ga aithe HNL la rental properties are better...especially waikiki area la..month to month or airbnb.. Quote Link to comment Share on other sites More sharing options...
tables Posted December 7, 2021 Author Report Share Posted December 7, 2021 What about Texas? Waste antara? Quote Link to comment Share on other sites More sharing options...
neneno1 Posted December 7, 2021 Report Share Posted December 7, 2021 4 hours ago, tables said: Need some advice. US lo which location is best to buy a rental property? May be a 1/2 bed condo? Oka 200 varku positive cash flow undettu… any suggestions? for investment purpose, never go for condo. Experience tho cheptunna go out as far as you can to buy single family for the same price Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted December 7, 2021 Report Share Posted December 7, 2021 4 hours ago, tables said: Need some advice. US lo which location is best to buy a rental property? May be a 1/2 bed condo? Oka 200 varku positive cash flow undettu… any suggestions? Ee market lo positive cash flow unna rental property ante kashtame baa… property prices are at an all time high.. Quote Link to comment Share on other sites More sharing options...
Vaampire Posted December 7, 2021 Report Share Posted December 7, 2021 1 hour ago, tables said: What about Texas? Waste antara? Texas lo property tax ekkuva. Prices kooda peaked. Negative cash flow untadhi Quote Link to comment Share on other sites More sharing options...
mettastar Posted December 7, 2021 Report Share Posted December 7, 2021 21 minutes ago, Vaampire said: Texas lo property tax ekkuva. Prices kooda peaked. Negative cash flow untadhi +1 ipudu not worth 2018 2019 lo invest chesunte bagundedi Quote Link to comment Share on other sites More sharing options...
ranam_007 Posted December 7, 2021 Report Share Posted December 7, 2021 All over USA the prices are all time high not sure how low they can too. May be if there is a drop the price reduction will be between 25k-50k max as per my guess Quote Link to comment Share on other sites More sharing options...
Genuine11 Posted December 8, 2021 Report Share Posted December 8, 2021 I own one which I bought few years back and I get around 8% profit per month vs investment. Now trying to buy one more but as prices are too high, the profit margin is way less so I wouldn’t even suggest in this market. 1 Quote Link to comment Share on other sites More sharing options...
pandemkodi Posted December 8, 2021 Report Share Posted December 8, 2021 Phx az Quote Link to comment Share on other sites More sharing options...
sai1685 Posted December 8, 2021 Report Share Posted December 8, 2021 30 minutes ago, Genuine11 said: I own one which I bought few years back and I get around 8% profit per month vs investment. Now trying to buy one more but as prices are too high, the profit margin is way less so I wouldn’t even suggest in this market. It depends .... I just bought a house in FL with lake and pool and my mortgage payment is ~$3100 per month. I received 4 offers and signed contract for $4k+pool+lawn per month. The cash flow on this property is ~10%. It all depends on the Inventory available, area and schools. Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted December 8, 2021 Report Share Posted December 8, 2021 Also, okka bad tenant dorikadu ante ni jeevitham Assam ye… you will lose your gains as well as peace of mind for an year or two.. Also, monna Covid time lo rental protection use cheskuni chala mandi rents ivvaledu… many of the home owners struggled to pay their mortgage payments Quote Link to comment Share on other sites More sharing options...
.thumb.gif.343fe49c7e1c507ae0056326bd8cf77e.gif)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.