All Forum Posts by: Sherief Melik

The stock been into uptrend for long time now and with all political changes, baby boomers , auto loans and more then maybe a market correction is coming within the next year or two.

Hi @Robert Ellis,

I have sent you my contacts on a private message.

Thanks

@Antoine Martel

I once tried in Pennsylvania and Columbus, OH but i did not continue as i am not sure if it's a good idea to have a property manager who will be coming to me every month with excuses for eating up all the profit. Keep in mind that i am new, I can do out of state if there is a partner.

@Ray Jansma

Yes I do always offer cash, based on your experience what is a good ROI after all expenses, maintenance and vacancy ?

@Antoine Martel

I have been checking in Chicago Northwest Suburbs and also Joliet and Aurora but at the time that is the ROI after keeping 8% for maintenance, 8% for vacancy, paying the property tax and HOA if it's there.

Hi Everyone,

I have been reading and thinking about investing in real estate for the last 4 years, I know that I already should've done long ago :) the thing that i have been in the US only since 4 years and it seems that it was the best time but i did not know back then.

My strategy is buy and hold but i feel that these days there are no good deals and prices are going into a bubble, you can barely make 4-6% after all maintenance, hoa, taxes, vacancy and turnover.

Do you think a house market crash will be coming soon or not ? also can prices even go higher than now and even after the crash will go only to the current prices ? I am confused, please share your thoughts.

Thanks,

SMelik

@Account Closed

Can you please connect me with someone for some cases as i am interested.

Thanks

Thanks @Bob Ewoldt , Thanks for that straightforward reply , the problem that the more i research the more i get confused.

@Scott Schier thanks for the detailed informative reply , when you say Schaumburg AVG market time 15 days you mean that it takes average 15 days till you find a tenant right ? if yes then Streamwood still acceptable.

let me take advantage of you experience and ask you to compare Streamwood , Bolingbrook, Aurora (Class A areas) the same way you did to Schaumburg.

Thanks.

@Tony Gunter i understand but maybe for me i believe that appreciation is kind of gamble because it will be affected by a lot of factors while cash on cash is kind of solid.