All Forum Posts by: Lina Chen

Impressive! Thanks for sharing Michael.

Thanks everyone for taking your time explaining. I’m definitely looking into different options that works for me. Again, thank you all for your support.

@Jonathan Greene, thank you for sharing, great perspective. Would you share what aspects do you consider to determine the next up and coming town?

population and job opportunities are obvious,  anything else? Appreciate it.

@Jordan Moorhead, thanks, I really need this comment :)

@Jeffrey Donis, thanks for the recommendation, I’ll definitely look into it.

@Joe Villeneuve Well said. I did see a long term benefit. Once you buy the property, all expenses are basically fixed, so currently even if I have little or 0 cash flow, rent will increase which will almost guarantee a positive cash flow in the long run, despite the fluctuations of the market, and there is tax benefit as well. 

@Andrew Freed, Thanks for the insights. I will look into these options. 

With the current interest rates on investment properties, and the house price, are you still buying as an investor? If So what is your take or thoughts behind it? I'm in Dallas area and I would be lucky to get a property that has positive cash flow after taking into consideration all expenses, mortgage payments and vacancy factors. I was considering investment SFR under 300K without lots of TLC.But the numbers are not promising. I'm afraid to get a house at this price and later on more rentals hit the market, and rents will be lower. Is there any other ways to make it work besides buying a run-down house and fix it up? Any advice will be appreciated. Thank you for your time.