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Updated about 1 year ago on . Most recent reply

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2
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2
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Sean Petrie
2
Votes |
2
Posts

Bad time with rates and prices!?

Sean Petrie
Posted

Hello guys and gals,

I’m looking to get into real estate investing and more specifically residential SF rental property in the Midwest. I have ran the numbers on many calculators with a purchase range of 200-300k and the math just ain’t mathing (break even or negative per month). I think this is pretty normal for this climate but just want to see if others have any advice? 

Most Popular Reply

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757
Posts
1,042
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Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
1,042
Votes |
757
Posts
Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
Replied

@Sean Petrie

Yes, times are tough for buyer. Adjust your strategy to match the market.

Find an add value and play the long term game. The good deals are unicorns.

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