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Updated 12 months ago on . Most recent reply
I keep getting discouraged, I have around 80k to invest is it enough to buy a rental
Hey bp fam, I'm getting discouraged when I look and run the numbers is 80k not enough to invest now a days? I look for propertys and then go to dealcheck.io run the numbers all are negative cash flow by alot of money. This is all discouraging. My main question is 80k enough?
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Bruce Woodruff
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Bruce Woodruff
#1 Real Estate Agent Contributor
Pro Member
#1 Real Estate Agent Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
Sure it is. Not in every city in the US, but more than enough. If you haven't found the right deal yet, you need to expand your search area, and/or look for more distressed properties. Plenty out there...Where are you looking?