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Updated over 3 years ago,
Help me over my fear ...
Hi,
I'm about to do my first investment in the US (I have a previous one outside the states).
I'm about to put down 80% of my complete savings.
The deal I'm looking at (using the pro calculator) is Cashflowing 4000 USD/ month at about 12 % ROI.
My money down is around 400K.
Above deal is in a high entry barrier marked and based on legal Airbnb operations. The city is extremely strictly on Airbnb properties. This deal would allow and also grandfather it into the future in case the city changes its mind.
Above deal also includes an investment of 200k to renovate the house.
What you all think?
I'm still not sure if I should rather invest my money into several smaller units one at a time instead putting all into one basket. But on the other hand. Several smaller units are several new buckets of independent issues to deal with.