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Updated over 6 years ago on . Most recent reply
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Three Cash Flow properties, looking for next deal
Hi guys! This is my first post after years of learning from this website. I currently have three cashflow properties in Socal and am looking for my next deal. Which of the three would you vote for and which would be the most viable? Assuming I have $180k cash at my disposal and the rest would have to be financed.
1. Build a 4 plex
2. Look for an Airbnb single family house
3. Buy an existing duplex
THANK YOU!
David
Most Popular Reply
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Hey @Travis Rasmussen! I currently have 3 condos in Highland, CA each rent for $1,200 with a $250 HOA. After all expenses the 3 units net me about $2,500 a month. Picked them up for around $60k each. They are good cashflow and always have renters but the neighborhood is a bit rough. I really want to get an AirBNB out in Palm Springs area. Any tips?