All Forum Posts by: Hayden Haddad

@Nick Love I’m new pie. Looking for an investment opportunity. Happy to connect with you.

@Braden Smith this is great to know. Thank you for taking the time to explain the market phases. I’m still learning and it will be a long journey for me.

@Jacob Sampson true, thank you.

@Tyler Gibson thank you for the advice. We are definitely in a hot market here in Dallas. I'm receiving an automated emails from the MLS for new listings and I've been moving fast when I see good deal but there is always this cash buyer who is ready to snatch the deal. Is the 20% rule real? I've been reading on some books that investors should offer 20% less than the original property price but I don't see this happening in reality.

I’m new to Realestate business. After reading several books about rental properties I got motivated to buy my first rental property. It looks like the reality is more challenging than the books. I’ve been searching and calculating numbers on several condos and being realistic by looking for an average $100+ cash flow after subtracting the expensive, such as taxes, insurance, Maintainance (%10). I live in Dallas and looking for one or two bedroom condo or Townhome. I found a lot with my price range ($125k) but ending up loosing cash flow for most of the properties I found. What I’m doing wrong?