All Forum Posts by: Nick Fadden
Nick Fadden has started 1 posts and replied 3 times.
Post: Invest in Cashflow or Appreciating property?

- Posts 3
- Votes 4
I think if your goal is to use these properties for retirement, it’s best to find something that cash flows. Granted I’m new to this whole scene but I think looking at it through a basic lens might help. If your property cash flows, that’s more money in your pocket every month. It is possible that over the next however many years, that property could also appreciate in value. On the flip side, if you invest for appreciation, it might turn out that you’re not producing cash flow, AND the property doesn’t appreciate as much as you’d hoped for. Just my two cents!
Hi Jesus. I haven’t had the opportunity to invest yet, but for what it’s worth, I don’t think it’s a problem to want to keep going and buy more RE. The quicker you buy, the quicker you’ll get results. But don’t let your excitement run you into a bad deal, or multiple bad deals. I think the only discipline you need is for learning and taking action, and it seems that’s what you’ve been doing. Good job and good luck!
Hi, everyone! Nick here… I’m new to the real estate world in West Michigan (I live halfway between Kalamazoo and Grand Rapids). Planning on purchasing my first property in the next six months. Also planning on getting my real estate license in the next three months. Looking to build a network around the area and find like-minded agents that I can work with to help find off-market deals for investors.