Updated about 2 years ago on . Most recent reply
Multifamily home investment
Hi everyone - My husband and I are planning to buy our first property as a multi family home and put it on rent. I have looked up Tenessee, Vegas and Arizona. Arizona and Tenessee look good.
Our budget is around 800-900k. We plan to have it rented and break even or even put <1k monthly.
Is this a good move in current situations?
we have decent savings of around 500k and are currently living in a small city of Central California (not buying property to live because my husband’s job is not permanent and we don’t know where we will move next).
Most Popular Reply
@Sushree Mohanty check out the Columbus, OH market. Much better mix of cashflow and appreciation than the west coast RE markets. Huge job growth with Intel, Google, Amazon, Nationwide Childrens Hospital and more. Landlord friendly and low taxes too
- Evan Hopple
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- 614-924-8151
