All Forum Posts by: Eric Taylor

 Best colleges, hospitals, universities coupled with historical sites and tech boom will yield continued rise in values.   Rents have to mimic college room and board for the student population, but tuition and fees for these universities is 60K and rising.

Properties in the key areas of the city ie BB, SE, BH, Midtown and even The Fenway require almost 25% to 30% down in order to create cash flow and appreciation.  For me I am investing for retirement so I tend to look for cash flowing properties in these area because of higher rents and appreciation.   Now,  I trying to bolster my portfolio by looking at the surrounding community.  I do not have a lot of time so I wan properties in high demand areas that will rent quickly ( Less than 1 week) after being placed on the market.  I expect to make my money with escalating rents. 

Tough market, but with appropriate research one can do well.  Properties tend to appreciate and rentals are always in demand.  

Awesome insight.  So to use an example.  I purchased a property for 300K that rents at 2100 per month and I put down 30%.  That property has now appreciated to 411K.  So I can possibly withdraw 60K minus closing costs to use on another transaction although my new loan will be for 360K.  Is this correct?

The biggest difference between cash flowing properties ie 2% rule and properties that appreciate seems to be the price/sq ft with truly appreciating properties costing 5X to 10X more per sq ft than cash flowing properties.  Just a thought

This may seem like a stupid question but how can you take money out of a mortgaged property that has appreciated without effectively increasing your mortgage note?

Mechanistically, how does one leverage existing rental properties in order to secure more money for down payments in a buy and hold strategy?

 Aside from purchasing a property for cash, how does one buy and hold without a mortgage?