Skip to content
Starting Out

User Stats

74
Posts
21
Votes
Derek Morrison
Pro Member
  • New to Real Estate
  • Marshfield, MA
21
Votes |
74
Posts

What Would you Do?

Derek Morrison
Pro Member
  • New to Real Estate
  • Marshfield, MA
Posted Apr 16 2024, 07:52

How possible is it to get started in 2024? I have about 15k liquid cash and live in MA. I'm looking at properties here (basically anything east of worcester and within an hour of Boston. Pretty much everything I've looked at either:

A) doesn't cash flow for about 15 years

B) would cash flow if you bought it with cash, but at that point you could get much better returns investing that money elsewhere

Even looking at house hacking it seems that the savings on rent (about 2.5k/month median) are outweighed by the significantly higher cost of purchasing property. Anyone have any firsthand take on this?

Loading replies...