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Updated 3 days ago, 12/18/2024
Shaheen AhmedPoster
#5 Out of State Investing Contributor
Pro Member
- Contractor
- Los Angeles
- 49
- Votes |
- 64
- Posts
Positive Cash flow
I picked Las Vegas because it’s close to me and California is out of reach. I see lots of properties on the market but almost none of them makes the .5% let alone 1% rules, so why would any investor buy them? In most cases I have to pay out of pocket every month because rents are not high enough or the property is too expensive. What am I doing wrong?