All Forum Posts by: Meg Goode

Hi everyone! Thank you so much for your advice. I decided to keep my options open and hold on to the WA house for at least a year to rent it out. I found solid tenants who signed a one year lease and it will cash flow $600 a month, and I’ll get my first experience in the long term rental market as well. I’ll reassess my strategy for this house in a year. Thanks so much again!

Hello! I bought my first house three years ago in Tacoma, WA and (without knowing anything about real estate at the time) stumbled into a house that has both appreciated in value by $120k over the past 3 years, and after running the numbers, will cash flow $450/month if I rent it out. For someone who is just starting out and would love to build a solid cash flow portfolio in NC where I live, am I better off holding on to a solid (out of state) cash flow property, knowing I will have to save for a while to get my next deal, or selling the house and using the cash to help out with my next two to four deals? Thanks so much for your advice!