All Forum Posts by: Jonah Reynolds
Jonah Reynolds has started 1 posts and replied 3 times.
expenses being calculated are taxes, maintenance, insurance, repairs and maintenance, vacancy, capitol expenditures and maintenance fees.
I am just concerned that the housing market seems high right now and if I wait until beginning of '23 I can get a better deal.
I found a good one in Bradenton, FL that allows for short term rental. So I could buy it, then short term rental it and make a good positive cash flow.
Should I wait until next year?
I found a few properties in Bradenton, FL and Palm Springs, CA. Used the calculators on this website and it is a good deal. I am confirming rental rates and possible Airbnb rates. Then talking to my bank. It seems home prices are high these days.
I have $45k saved and am looking for properties in the $200k range and have found a few that will bring in about $500/month after expenses.
Is now a good time to invest and get real estate? or should I wait?
I don't know much about this but am learning quickly.
thank you.