Irvine, CA · Member since 2016 · 545 posts · 614 votes
7y
@Barry Je I'm seeing deals in Washington, DC where the cashflow is smaller, below $180 in my price range that I purchase but the appreciation is available. I have a property in DC that only generates $147 a month but it has appreciated $126,000 in 14 months. I will note that I'm starting to see a slowdown in DC on the appreciation so and it also depends on where you buy in DC, some areas do much better than others. I would recommend checking with the @Russell Brazil of the DC/MD/VA area, he's very dialed in to the various neighborhoods.
Real Estate Broker · Provo, UT · Member since 2013 · 689 posts · 511 votes
7y
UT is an appreciation market right now - has been for several years and I wouldn't be surprised if it stays that way for several more years. Rents vs. ownership / acquisition costs are ok. Cashflow is not incredibly amazing, but appreciation here is good.
Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
7y
DC. You can be about break even in the city and some positive free cash flow in the suburbs. I put 25% down now instead of 20% in order to get a little bit more comfort room.