All Forum Posts by: Bhavna Virmani

@Adam Polignone thank you for that perspective, i agree its not a good ROI in terms of cashflow...

@Phillip Dwyer the cap of my budget for property is 400k, not looking for a rehab project

@Ryan R. thank you for your response. I would love to connect. Sent you a message, looking forward to speaking with you.

Hi BP community

Are there any positive cashflow rental investment neighborhoods in nevada? I am looking to invest upto 400k in a buy and hold property but want the rental to pay for mtge+expenses(property mngmnt) and provide marginal cashflow. I am looking for class A/A- areas that rent easily. Would love to get your feedback on zip codes to look in!

thanks

Hi all,

I am scouting places for rental investment and wanted to ask if riverside has any scope? I understand real estate market is red hot nationwide but if i were to hold for a long term investment, does riverside offer any potential? what kind of demographic would i be looking as tenants? if the market rent friendly? what neighborhoods are attractive? what rents can the units fetch in today's market? Are there any real estate agents who specialize in rental investments on this forum?

Thanks in advance!

@Sameer Bhalesha thank you for your input!

Thank you both! will definitely reach out once I make up my mind on it. Thanks a lot again

@Susie Fabrocini thank you will reach out when i need one!

@Ryan Weimer @Anna Strausbaugh Thank you both.

Yes I am not looking for major revenue stream from my investment, something that pays for PITI and expenses would be great. Long term appreciation would be good. Texas (Austin, Dallas) are also on my list and similar to Boise in terms of cash flow (from what I read online). This is my first out of state investment not sure how maintenance would go. Ideally I would like to hire property management company to manage but it all depends on the cash flow.

@Susie Fabrocini  I am still scouting for places and wondered about Boise. Thank you for your response.