Updated over 1 year ago on . Most recent reply
Bad time with rates and prices!?
Hello guys and gals,
I’m looking to get into real estate investing and more specifically residential SF rental property in the Midwest. I have ran the numbers on many calculators with a purchase range of 200-300k and the math just ain’t mathing (break even or negative per month). I think this is pretty normal for this climate but just want to see if others have any advice?
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Julien Jeannot
#4 House Hacking Contributor
#4 House Hacking Contributor
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
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Julien Jeannot#4 House Hacking Contributor
#4 House Hacking Contributor
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
Yes, times are tough for buyer. Adjust your strategy to match the market.
Find an add value and play the long term game. The good deals are unicorns.