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Updated about 2 years ago,

User Stats

15
Posts
7
Votes
Paras Newbe
  • New to Real Estate
  • Sammamish, WA
7
Votes |
15
Posts

need some advice for arras for real estate investing (beginner)

Paras Newbe
  • New to Real Estate
  • Sammamish, WA
Posted

Hello - I live in Issaquah, WA state. I want to invest for cash flow in current market. I tried Austin, Kyle, Buda but most of them turned out to be negative cash flow If I do 25% down and also account for property management fees. I am looking for buy, and rent strategy (don't want to do rehab and all for my first try)

My goal is to have 3 investment by the end of June 2023 and I want each to clash flow (unsure about cash on cash return target for now). I plan to invest ~90K for each.

1. Anyone has suggestion where can I invest around locally (so I can do self management) for cash flow?  Is Tacoma a good area? Any suggestion? 

2. For out of WA state, where can I go? 

3. Any suggestion around single family vs Multiplex (duplex / triplex)

4. Will be great if someone can suggest property management company along with potential area of where to invest.

Will be great if someone can mentor me here.

Thank you. 

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