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Updated 3 months ago on . Most recent reply

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Loan Nguyen
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Cash Flow is my issue

Loan Nguyen
Posted

Im newbie in real estate investing. I’m living in Bay Area where finding deals that generate cashflow is impossible. Any advice where to invest?

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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
1,978
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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
Replied

@Loan Nguyen
In some markets on the west coast, you won't be able to find cash flow because the price points are too high compared to rents. If you put enough down you can make it break even, but it just comes down to how much capital you have and how creative you want to get to make a deal work. You could also house hack and rent all the rooms out to friends, but some people would rather have their own space. If the deals locally don't work no matter how you cut it then look at investing out of state

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