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Updated about 8 years ago on . Most recent reply

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Lorin K.
  • Tacoma, WA
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Where in the country are the %1.5 to %2.0 properties in B areas?

Lorin K.
  • Tacoma, WA
Posted

I do not think properties like this exist in the Seattle region. If I ever relocate what would be the best state for maximum rate of return? is the normal 1.5-2.0  percenters assumed to require the owner to manage and maintain the house?

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

virtually any tertiary market in the mid west or upper midwest will hit this.

and OKC seems to be some new ground for these types of homes as well.

when you invest in this asset you have pert near zero chance of any real appreciation so if your going to do it.. you need to do what the folks above are talking about you need to do VOLUME .. its a business it 

is not an investment.. your just going into the rental business... where cash flow is the business.. and its anything but passive as well.

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JLH Capital Partners

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