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Buying & Selling Real Estate

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Michael P.
  • Marlton, NJ
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129
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CASH FLOW Killer = Taxes

Michael P.
  • Marlton, NJ
Posted Jun 20 2017, 09:15
I am on the hunt for my first investment property, can't house hack, I own a home. I am originally from Philadelphia, I am now 35 minutes outside of Philly. I found a few areas that are affordable housing, homes ranging from 38-120. I wouldn't classify the area a war zone, sure they have assaults, robberies, a homicide here or there but overall nothing crazy. Should I jump into a property I feel has good cash on cash that requires minimal repairs going into it, it's also tenant occupied long term section 8. I don't mind voucher tenants. But I think to make good cash on cash I have to go where tax is super low.

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