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Updated over 2 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Garrett Donham
  • Real Estate Agent
  • Charles Town, WV
1
Votes |
3
Posts

Looking for feedback.

Garrett Donham
  • Real Estate Agent
  • Charles Town, WV
Posted

Hey all!

I am looking for some insight from other investors that are buying long-term rentals. What are your thoughts of buying LTRs in the midwest? I have identified some markets that seem to have a stable population with stable rents, near hotspot cities for plenty of employment. Most of these properties are duplexes or triplexes that can be purchased for under 200k with roughly 20k of cosmetic work to be done; and they cash flow $150-$225 per door. Would you all invest in properties that don't appreciate as well in order to get high CoC returns and good monthly cash flows? I would love to hear any feedback!

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