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All Forum Posts by: Liam Maher

Liam Maher has started 7 posts and replied 52 times.

Looks about right - here's also a list of the top cash-flowing cities if you're interested in major metros

Post: Fix and Flip Calculator

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Would something like this work?

Post: Best Market under 250k

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39
Quote from @Jonathan Orr:
Quote from @Travis Biziorek:

Nobody mentioning Detroit yet?

I guess that's generally my job :-)

Detroit is crushing it and you can still do small MFH under $250k. My last project just appraised for $193k and generates $2,400 gross monthly rents (duplex).

Google the "state of the city address". Mike Duggan just gave it the other night and I challenge anyone to watch it and not get excited about what's happening in Detroit.


 I had a friend mention Detroit to me randomly.  Don't know any connections there but may need to find a few!  Any recommendations?


Joe Hammel (FIRE Realty) is a great investor friendly realtor in the area

Post: Best Market under 250k

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Detroit and Cleveland have the best cash-flow in the country at the moment...lots of properties under $250k there

Post: Good areas invest in Greater Seattle area

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Hi Jay, here's a heatmap for Seattle that looks at every neighborhood and ranks it from A to D using around 30 data points, like Median income, population growth, employment stats, appreciation etc.

Post: South Raleigh area invest

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Hi Jon, looks like the area is pretty solid, somewhere between A-B grade! Around $87k median income and high employment rates. Also there are recent new builds in the area it seems

Post: Ready to house hack!

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Hi Isaiah, here's a list of landlord friendly states

Post: 200k Purchase Price Seeking Cashflow

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Hi Zane, Texas is ok for cash-flow but nothing special. Here's a list of the best major cities for cash-flow...mostly it's the midwest and also upstate NY

I was running some numbers and it seems to me that when you're doing a BRRRR you have two choices: you can either pull a lot of money out in the refinance, which then helps you scale up quickly, but then you leave yourself with a high mortgage payment, and little to no cash flow. OR you can take a smaller loan and leave more money in the deal to increase your cash flow due to the lower mortgage payment.

How do you guys navigate this? Would you rather have higher cash flow with more money in the deal, or less cash flow with less money in the deal? Is there a right answer?

Post: Purchasing Rental Properties in Columbus OH

Liam MaherPosted
  • Miami, FL
  • Posts 60
  • Votes 39

Here's a neighborhood grade heatmap for Columbus with each neighborhood ranked from A to D.

Some of the data used:

1. Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation

2. MLS data - average days on market, median cash flow, median rent, median price per sq. foot