All Forum Posts by: Nathan Asher Robson

@Steve Vaughan this is great advice. Thank you so much. Hmm... high paying tasks..

@Belinda Hunt I’ll be in touch. Thank you Belinda

@Erik Whiting thank you so much for this advice. You really gave me some perspective here, and I hope to learn from it.

@Jay absolutely not. But hopefully with some more time, I’ll start getting the hang of things

@Kris Langlois you’re absolutely right on using leverage. Thanks so much for helping to clarify this for me

@Timothy M. Thank you so much for simplifying it. I see that I still have a lot of learning and a lot of reading to do. Thank you again for your time and advice!

Reading some books, and slowly starting to understand the market a little better.

However, I’m a little confused on what the housing market is today?

We want to wait for the “bubble to burst,” before we purchase properties, right? Because then the demand to sell will be a lot stronger for us to make better deals.

When is this time coming in America? It’s approaching soon, correct?

How much does, say, a 100k rental property generate in cashflow every month?

What is the best way to generate a 1k in cashflow in rental properties using 60k in cash?

Thank you so much

@Nathan Asher Robson this is the link to the foreclosed place: https://www.zillow.com/homedetails/750-Carl-Ave-New-Kensington-PA-15068/10647515_zpid/

I just bought a few books to learn how to invest in single and duplex homes, turnkey etc. I’m an Australian, and I want to invest my 60k towards the end of this year after I feel more competent in my knowledge.

But looking on Roofstock, Zillow, Redfin etc, I’m seeing what looks like nice places (physically) for roughly 100k. I don’t understand the numbers yet on if they are good investment.

But I’m just thinking that if I could get as close as I can to owning them outright, I could make roughly 1k per month in rental income..

I saw one place - it was physically stunning for 80k in New Kensington PA that was foreclosed.

Am I missing something here..? Is there something that I’m not reading correctly?

Why wouldn’t someone just snap these up?

It’s really making me want to rush into something that I have no clue about..