buy and hold with little chance of appreciation

[Daniel Levine]

would you purchase a house that can reliably produce a 500.00 cash flow if there was little chance for any meaningful appreciation? A 40k house with 4 units, section 8, rents for 2000 per month. After expenses including PITI, repairs, vacancies, and some saving for cap x, it cash flows 500.00 per month. Any thoughts?

[M Marie M.]

Brandon Turner says appreciation is just icing on the cake, treat it as such. Hey you're getting $500 in cash flow a month!

I have a property that is cash flowing and going down in value. Not a whole lot, but a little each year, according to the county assessor. Don't weep for me, it has been an education and well, less property tax to pay.