All Forum Posts by: Krishna Baluswami

Thanks  all for your valuable comments and suggestions. Appreciate your input and thoughts.

Thanks Jeff. I am looking anything above 8% cash on cash return for initial investment of $50K. The challenge is most of the homes built after 2000 are selling between $210K to $240K. So I have to pump more money as initial investment and forced to rent it out for around $1800 which puts me in tough spot. Here are my other questions after the investment. 

FYI, I am concentrating on Millard, Gretna and Elkhorn areas due to great school district.

1. What if the home prices drops in a year or two since things can get back to normal after pandemic?

2. Rental demand may also reduce since people may get into buying mode than renting mode due to affordable home prices?

Hi All, I am a newbie in this investing world. I have been waiting to invest for the past 6 months and was told by my agent that it was not the right time back in June 2021 and now got a green signal to move forward with investing since it cooled off. My strategy is buy and hold for long term so would like to hear your thoughts and suggestions since the price is so high on the properties when compared to June 2021 and worried about the rents people will be willing to pay going forward. So as veterans, I would like to hear your opinions and suggestions about which area is best for long term gain even if the Cash on Cash return is less in initial year. Thanks in advance and wish you all successful year ahead :)