Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

8
Posts
0
Votes
Mathew Fuentes
  • Investor
0
Votes |
8
Posts

Looking to buy for the first time in CT!!

Mathew Fuentes
  • Investor
Posted

Hi everyone!!!!

newbie here ! I'm finally looking to get into house hacking. Im looking somewhere between stamford and Bridgeport area. I commute to work in NYC. Im running numbers but most properties aren't cash flowing

Im using an FHA loan. I wanna stay under 375k on a home. Im factoring sewer, water, garbage , heat , cap ex , reserves, ins , and vacancy . Im even including property management for later down the road when I aquire too many properties to handle . When I run my numbers, I do it as though im renting out the entire property to see if it cash flows. So far im not coming up with anything over 100 dollars net per month.

Am I accounting for all costs? 

What are your numbers you use as a guideline when looking for a property ? 

Whats a cashflow amount that I should be targeting ?

Any further tips or helpful advice you care to share is greatly appreciated!!! Im all ears!!

Loading replies...