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Updated over 3 years ago on . Most recent reply

User Stats

61
Posts
11
Votes
Kevin Kim
11
Votes |
61
Posts

Investment in Olive Branch , MS - Cash flow is too good to be tru

Kevin Kim
Posted

Hi All

i am very interested in the Olive Branch, MS area. It looks like the cash flow is generating pretty good and it is too good to be true.

I would like to know if i am missing anything. I was checking some austin suburb area but cash flow is not as good as this area.

I would like to focus on where steady cash flow is available not focus on appreciation.

Appreciate any insight if you can share.


https://www.zillow.com/homedet...

Thanks 

Most Popular Reply

User Stats

105
Posts
48
Votes
Jason Rhodewalt
  • Investor
  • Sacramento, CA
48
Votes |
105
Posts
Jason Rhodewalt
  • Investor
  • Sacramento, CA
Replied

One thing to watch out for is taxes - the Zillow listed taxes will be low because they include a homestead exemption usually. As a rental you get it much harder in MS - make sure to visit the assessor ls website to really understand where you will land (not where it is today)

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