Thoughts on Rental Property Investment in 2022

[Krishna Baluswami]

Hi All, I am a newbie in this investing world. I have been waiting to invest for the past 6 months and was told by my agent that it was not the right time back in June 2021 and now got a green signal to move forward with investing since it cooled off. My strategy is buy and hold for long term so would like to hear your thoughts and suggestions since the price is so high on the properties when compared to June 2021 and worried about the rents people will be willing to pay going forward. So as veterans, I would like to hear your opinions and suggestions about which area is best for long term gain even if the Cash on Cash return is less in initial year. Thanks in advance and wish you all successful year ahead :)

[Chuck Webb]

For a 50k investment why not purchase distressed homes from wholesalers, rehab then refinance.  Try working two deals 20-25k deal out of pocket.  Capture no less than 20k each deal.  Make you $ work harder for you.