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Updated almost 2 years ago on . Most recent reply

User Stats

55
Posts
26
Votes
Shaniqua Knight
  • Real Estate Broker
  • Fayetteville NC
26
Votes |
55
Posts

Are LTR's still cash flowing?

Shaniqua Knight
  • Real Estate Broker
  • Fayetteville NC
Posted

Hi BP!

I have been reading and doing some research and with the housing rates being where they are currently are LTR's still cash flowing? I don't want to house hack into an LTR and then it not cash flow. Any thoughts would be appreciated!

Most Popular Reply

Account Closed
  • Columbus, OH
255
Votes |
427
Posts
Account Closed
  • Columbus, OH
Replied

LTR's are still cash flowing in certain markets, it all depends on the ratio of price:rent, which has grown too high in certain areas. STR/MTR's can definitely cash flow more if A) your market supports it B) you can mitigate the risk of vacancy and C) you have the time to be hands on.

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