Buying & Selling Real Estate
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,
Looking to buy my first property, need advice
Hi,
I am an immigrant living in the US on work visa, I am thinking of buying an investment property soon. I have two options, one is to buy a commercial property in India or other is to get some residential property in USA. My goal is to create passive income through these properties and hold them for atleast 10 years. I currently live in the bay area and I know that it is very difficult to get positive cash flow here, the only way to play here is to ride the appreciation game. I am not sure about going out of state because since this is the first time I am investing and I am not sure how I will be able to handle it.
Now, I would need inputs from people on what should be my deciding factors. What metrics should I use to get to a decision? I appreciate all the help and also let me know if you have any questions.
Thanks