Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago, 05/19/2019
A/B properties for a mix of appreciation and cash flow
I'm leery of investing in turnkey C properties....too thin margin of profit....with unforseen circumstances easy to just break even; I think I'd rather buy one A/B property that can be managed from afar by ME,,even if the property, for simplicity's sake, cash flows less, and has some appreciation.
For example, let's say I can find an house in an A/B neighborhood for $200,000 (think............not CA, NY, and so on) that shows increasing population and jobs over the last few years and projected more of the same for the next five years..................
So, I would be okay with buying it for 200,000, renting it out for 1,000-1,200, and seeing 10% appreciation every year for the next five years.
Does anyone know where I could find something like that?
Thank you in advance.
Shoshana