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Updated over 2 years ago on . Most recent reply
Need advices on my second rental investment
Hi, it is my first time to post question on BP and I am a investment newbie as well. I got my first investment in PA last year, B&C zone with positive cash flow. Now I am looking forward to expand my portfolio. There are three areas that I am looking now.
1, RTP, NC area, 300k budget, good appreciation possibility, but negative cash flow; 2, house hacking around Fairfield, CT area, 500k budget, I can live there, tenant will help me to pay mortgages, positive cashflow after I move out, price does not increase as fast as RTP area; 3, Albany, NY area, 150k budget, out of state management, good cash flow.
My dilemma is I don`t want to lose opportunity of price appreciation neither positive cash flow.
Please kindly let me know what you think about this and I am open to any suggestions and ideas.
Most Popular Reply
Personally, I would take guaranteed cash-flow over possible appreciation.