All Forum Posts by: Julien Teoulet

I am interested too

Sorry I am a newbie but I have to jump in :) 

I thought that one of the most important rule was : no negative cash flow. 
so I don’t underhand why the « break even and take money«  option is actually an option. 

Thanks guys, very interesting to read y’all real life scenarios 

No problem! 
I live in Little Rock since 2011. 
Been renting in several places including north Little Rock and own a 3bed/2bath in 72211 area since 2016.

Hi Salil, 

South 630 is generally to "avoid" in Little Rock, but you can find some cheap house that can generate cash flow. I have not done any study, my recommendation is strickly based on my knowledge of the town but you should be looking for houses as close as possible to the 630/430 intersection (west of John Borrow and north of 36th st), it appears (to me) to be the cleanest area. There are also some new constructions there , increasing the overall value of the area.

I don't think there is anything slowing down market in Little Rock. There is a major downtown gentrification in work. Supply was already limited before covid and went to almost none since then. I believe Little Rock is just going thru some normal patern with still limited supply, high rates and people staying in their 3% mortgage house. 

Again, I am not a professional, just a local (locking fwd to buy my first rental)