Buy and Hold property advise!!!
Hi Everyone,
I am a new member from Dublin CA. My husband and I are planning to buy our 1st investment/ rental property in the East Bay area and are looking for some advise. Our budget is around $500K ( Looking for town homes/condos) with 25% down. We had some basic questions as we have no experience in this domain.
1) Can you please suggest good areas for investment around Dublin CA within the 50 mile radius?
2) How do you calculate the monthly cash flow earned from the property?
3) How we calculate/ estimate the long-term return on investment on the property?
4) Debating whether it is better to buy 1b/1b v/s 2b/2b from an investment standpoint?
Appreciate the advise.
Thanks,
Bhavna Chopra