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All Forum Posts by: Hari Bhogi

Hari Bhogi has started 1 posts and replied 2 times.

Originally posted by @Mark Creason:

Hari,

Depends.  What are you putting down?  What is your cash on cash goal?  At 20%, your cash on cash is just over 10%.  Do you see future appreciation in this market?

Mark

 Hi Mark,

Thanks for your response. I am not sure about the growth. The locality and the community seems good. You are right about 10%. My goal is to get a decent passive income. My only concern is am I doing the right thing, or atleast this is considered an investment in this market.....

HI All,

I am thinking of buying a single family investment home in west of Keller, TX (something like Saginaw, fortworth etc). The prices seem to be high. From my search, a 2005+ home coming for around 140K in a good neighborhood (seems like) and fairly ok schools. When I do the math, after all expenses I get about 250$ per month (if the house is rented out). Would this be a good investment now?. Do I need to worry about market crash?. My primary intention is getting passive income. Please share your valuable thoughts. Any helpful information is greatly appreciated. Thanks in advance.