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All Forum Posts by: Amber Saulsbury

Amber Saulsbury has started 14 posts and replied 102 times.

Post: Just starting out, need advice

Amber SaulsburyPosted
  • Midland, TX
  • Posts 111
  • Votes 25

Hi all!

I am just starting my real estate investment journey and am glad to have this as a resource. So here goes, I'm pretty risk adverse to an extent and I think my plan is the following: I would like to find some single family rentals that cash flow well. I don't want to leverage but buy them with cash, I figure if I have the cash saved leveraging them will just eat into my profits, I know some will think that is stupid. But to start I really want to target an area where I will have the best CAP rate, buy and hold, and in the future possibly sell once it is depreciated out and seek others if I don't want to keep a certain property. Advice on any of that is appreciated.

I do not plan to self manage, so my biggest question is, if you aren't self managing and could invest anywhere, in your opinion, where is the best place in the country for what I'm trying to do. I'm located in Texas, but things have gone up so much here, I'm thinking of looking in OK, but any advice on best areas for best CAP rate in the country are very much appreciated! Excuse my total lack of experience please! Figure asking my dumb questions here is a start!

Post: Just starting out, need advice

Amber SaulsburyPosted
  • Midland, TX
  • Posts 111
  • Votes 25

Hi all!

I am just starting my real estate investment journey and am glad to have this as a resource. So here goes, I'm pretty risk adverse to an extent and I think my plan is the following: I would like to find some single family rentals that cash flow well. I don't want to leverage but buy them with cash, I figure if I have the cash saved leveraging them will just eat into my profits, I know some will think that is stupid. But to start I really want to target an area where I will have the best CAP rate, buy and hold, and in the future possibly sell once it is depreciated out and seek others if I don't want to keep a certain property. Advice on any of that is appreciated.

I do not plan to self manage, so my biggest question is, if you aren't self managing and could invest anywhere, in your opinion, where is the best place in the country for what I'm trying to do. I'm located in Texas, but things have gone up so much here, I'm thinking of looking in OK, but any advice on best areas for best CAP rate in the country are very much appreciated! Excuse my total lack of experience please! Figure asking my dumb questions here is a start!