All Forum Posts by: Bao Do

Hi @Bill B.,

thanks for the very reassuring graph.  It definitely helps put things in perspective.  Since I'm just jumping into this journey 8 or 9 years after the bubble burst, I think I'm beginning to realize that even though cash flow properties can be found in any market and any cycle, they are just a lot harder to come by.

Thank you everyone for your insightful replies. I really value it and am learning a lot.

One of my greatest fears is putting 50% down to become cash flow positive and then the market hits the expected down cycle (given Vegas' prior history of extreme cycle fluctuations).  Then I've essentially tied up all that money (150-200k) and have to wait for appreciation to rebound and go back up for another 10 year cycle before I can even break even.  This scenario would make real estate rate of return worse than other investment vehicles, correct?  Perhaps, I am overthinking it.  Thanks again!

Hi Everyone and Happy New Year!

I apologize if this post comes up twice. I don’t think it worked the first time I tried. 

I am new to buying and holding. I live in SoCal where mls homes do not cash flow positive. I have become interested in Henderson and Las Vegas. However, most homes there are now cash flow negative unless you pay 100% cash. 

Do you recommend buying cash flow negative properties and hope for appreciation vs looking elsewhere vs timing the market and waiting on the sidelines?

Do you think Henderson or Vegas rental rates will ever go up enough to make properties cash flow?

Thanks

Hi Everyone, 

Does anyone have any recent experience with the real estate market in Bakersfield, CA.
I was reading a Bakersfield BP discussion thread from 3 years ago. Someone warned about overinflated prices and higher vacancy being an issue with layoffs related to the oil market.

I live in California and it's impossible to find cash flow positive properties via MLS. Bakersfield's numbers at least work out if the down payment is high enough (25-30%).

I'd love to hear everyone's opinions and experience with pricing and the rental market in Bakersfield.

Thanks