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Updated over 6 years ago on . Most recent reply

Ron Gallagher's profile image
Ron Gallagher's profile image
Ron Gallagher
  • Investor
  • from Washington, District of Columbia
  • Member since Aug 18, 2017
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User Stats

198
Posts
323
Votes
Ron Gallagher's profile image
Ron Gallagher's profile image
Ron Gallagher
  • Investor
  • from Washington, District of Columbia
  • Member since Aug 18, 2017
Connect
Ron Gallagher
  • Investor
  • Washington, DC
323
Votes |
198
Posts
General Real Estate Investing

How much home can you buy in your city for $200,000?

Ron Gallagher
  • Investor
  • Washington, DC
Posted

I thought this was an interesting graphic from this article: https://www.propertyshark.com/Real-Estate-Reports/2018/05/22/for-200k-would-you-rather-buy-a-box-in-manhattan-or-a-mansion-in-san-antonio/

https://infogram.com/how-much-space-can-you-buy-with-200k-1h0r6r8kr7yl4ek

P.S. looks like I need to move to Cleveland

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Ron Gallagher's profile image
Ron Gallagher's profile image
Ron Gallagher
  • Investor
  • from Washington, District of Columbia
  • Member since Aug 18, 2017
Connect

User Stats

198
Posts
323
Votes
Ron Gallagher's profile image
Ron Gallagher's profile image
Ron Gallagher
  • Investor
  • from Washington, District of Columbia
  • Member since Aug 18, 2017
Connect
Ron Gallagher
  • Investor
  • Washington, DC
323
Votes |
198
Posts
Ron Gallagher
  • Investor
  • Washington, DC
Replied

I can buy four really nice parking spots for $200k in Washington DC and then rent them each out for $500 a month, which would actually meet the 1% rule.  Hmmmm.... maybe I should look into investing in parking spots!

33 Votes
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