All Forum Posts by: Andrew George Dennis

@Neil Narayan

Can one get cash flow outside of Austin?

No, I don't own anything in Cleveland.  I've heard it a good market for investments that still cashflow.  My only other thought is that the massive amounts of Fed money injected into the economy along with ever lowering interest rates may start another real estate feeding frenzy.  

Read on Twitter a lot of markets are getting bid up. True?

 Wait, you can buy a 315K property in Rochester and collect 5-6k in rent?  Where do I sign up?  Did I understand you correctly?

This may be too wide a question, but just wondering: for those who purchase SFH's in stable, linear markets, what would be the average annual expenses you see on a long term buy and hold property. I'm talking like 1500 square feet with a yard, 3 bedroom 2 bath. I'm trying to wrap my head around it. The 50% rule doesn't work so well on this one rental house I have because it brings in about $1400/month. However, I'm thinking about repairs that may come down the road such as new paint, roof, furnace etc. How much should be saved annually for these items?

 Hi Lee, what is the primary benefit?  Just the fact that you have more control on how much you write off each year or does it actually save you on taxes?

Bump

Hi Tyler,  congrats on what sounds like a great success!  So looking back on it all, was the first dinky house a poor investment in your opinion? (aside from all the lessons you learned)

Nobody?  I'm interested as well.  I've used Mashvisor and Rentometer