All Forum Posts by: Chai Jonn

Thanks for the info. I picked up Ohio for sure as my cash flow investment area. Just wondering multifamily vs SFH. Like to mix it up. So far, I got a condo, townhouse and a SFH.

Chai

2 Votes

@Remington Lyman

Yes. I am considering Ohio. Cincinnati, Cleveland, Columbus.

2 Votes

Hello,

I have a potential tenant who is interested in renting but has a cat which is declawed. I was wondering what is the experience of other landlords with cars as pets. When I read the forum I see mostly NO to cats!

Just like to hear your opinions.

Chai

0 Votes

@Erik Whitin

Erik.

Thanks for detailed explanation. It looks like C type properties are the best for cash flow. With low purhase point, it's faster to aquire more properties. It is true that without understanding the local market , it's tough to make wise decisions. But got to just find a good trustworthy team for far distant investing. I was thinking Ohio mostly for Cash flow. But was wondering what other markets are out there.

Thanks

Chai

1 Vote

@Marlen Weber

Thanks Marlen! Good insight on future potential markets.

1 Vote

Hello!

I am looking to invest in the range of $100 to $150k in SFH/house /any type with good cash flow in mind. ($400 to $600 cash flow or more after all expenses per month). I am open to any market in USA. Will hire a PM to do the work. Please let me know if anyone has any suggestions on what market to focus to achieve my goals. I am not that worried about appreciation. Good to have. But cash flow is important especially with how the job market is now

0 Votes

Hello All,

Looking to invest in Grand Rapids MI on a SFR. My budget is between $150k to $200k. Hopefully something around $175k is ideal. Rent range between $1200 to $1400. I am thinking more of a buy and hold. Please let me know which neighborhoods I should be focussing on?

Chai

0 Votes

Originally posted by @Cara Lonsdale:

Unless something MAJOR moves in and brings people South, Tucson will never be able to compete with the growth of Greater Phx.

IMHO, the vast majority of people go down there for 3 reasons...School (U of A), Military, and retirement.

Those 3 categories are your biggest opportunity there.

If you were to take a drive down to Tucson, you will pass many ghost towns that were supposed to be the "up and coming Phx" including AZ City, Maricopa, etc.

Now, to be fair, the cost of entry is relatively cheap compared to Phx. However, as one other poster already mentioned, that comes with a sacrifice of area or condition.

In terms of Phx, it is a broad spectrum, but to give you an idea.... you could expect that a $175K-$200K home will get you a $1,200-$1400 rental rate. You can run some numbers and see if that kind of deal will give you the kind of return you are looking for.

Cara,

Sent you a message

Chai

0 Votes

All Forum Posts by: Chai Jonn

Chai Jonn has started 52 posts and replied 173 times.

Post: Shall I allow cats as pets???

Post: New lending standards, what’s your prediction?

Post: Investing for Cash Flow $120k to $160k range.

Post: Investing for Cash Flow $120k to $160k range.

Post: Shall I allow cats as pets???

Post: Investing for Cash Flow $120k to $160k range.

Post: Investing for Cash Flow $120k to $160k range.

Post: Investing for Cash Flow $120k to $160k range.

Post: Investment property Grand Rapids MI

Post: Phoenix vs. Tucson AZ market - Good rental Market for 2018?