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Updated about 14 years ago,
Begining Investing...
In my city, RE did not get hit really hard like most areas. There are a lot of investors paying cash for the income properties.
Seems like most returns are about 7% in rent.
Even with a 25% down on a property, these properties are not really breakeven in cash flow.
I would rather purchase more properties than just one, but it is possible to dump all cash into one property which would return about 7%.
What do you all recommend? being cash flow breakeven or slightly negative or putting all funds into one Duplex,etc
Thanks