All Forum Posts by: Cynthia Ourfalian

Hi @Mariel David-DeVito, thank you for your feedback!

We were thinking of Naples and Texas as we have family moving there/ living there. We are not necessarily tied to these locations but we thought it would be good since it seems we could buy 2 properties with 500-600k, the property prices seem to be growing in these markets + the rent would cover mortgages + other costs and we would still be able to get additional income.

In Naples Florida for example, we came across a 2 bedroom property that was sold for 225K and it's being rented out for 2,050. It's not a beachfront property.

We ultimately care about taking advantage of affordable properties with growth potential + rent that covers mortgage and then some. But also want to hear from experienced people to make sure there's no blind spots.

My bf and I will be living in LA. We're wondering if instead of buying a house in LA with a bigger mortgage, to instead buy a couple of properties in Naples, Florida and Texas and rent in LA.

We're wondering on the return to our investment in these different markets and what avenue would maximize long term profits based on growth potential.

Would love to hear your input based on your knowledge and experience. 

Thanks!

Hi David, thank you so much for your input. He wasn't planning on selling it prior to this offer. I wanted to check and see if there were any positives on doing so. Looks like there aren't unless you're looking to get rid of the property quickly for one reason or the other. Thanks again!

I'm looking for advice on an offer that my bf received on his house in Tujunga, California. The offer is from a few buyers looking to buy a few homes in the area and are asking if the house would be up for sale without commissions, fees, or repairs needed.

What do you think? Is it a good idea to sell in this market under these circumstances?