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All Forum Posts by: Amol Patel

Amol Patel has started 1 posts and replied 2 times.

General Real Estate Investing

Post: Investing and income

Amol PatelPosted
  • Fremont, CA
  • Posts 2
  • Votes 0

Thanks Leland for a detailed response. What kind of research do you recommend before I approach a real estate agent?

0 Votes
General Real Estate Investing

Post: Investing and income

Amol PatelPosted
  • Fremont, CA
  • Posts 2
  • Votes 0

I am from Bay Area but can't afford to buy a home here. So was thinking of buying a home in Austin or some other high growth rate in the country. My aim is to,

1. Buy something below 300k.

2. Something that rents out faster. Is there a metric to know how fast a property rents out?

3. I can at least make break even money if not make positive cash flow.

Is this even possible? If so, my question is, if the rent is higher than mortgage why would anyone rent?

0 Votes