All Forum Posts by: Mark Adkins

Thank you Eric and Brendon!

I appreciate your perspectives/guidance; very helpful.

Fyi, the thing I’ve always found puzzling is how some markets can have rent that is so expensive in relation to a monthly mortgage payment.  Pensacola, FL would seem to be such a place, while Seattle absolutely is not.  I’m thinking there must be risk that I’m not grasping.  Low anticipated price appreciation or higher than average vacancy rates perhaps.

Thanks

@Michael Plante,

I’ve always assumed that flippers must have expertise in rehabbing,and it seems like a lot of effort.  I have no such expertise.  I’ve also been dissuaded by flipping due to excise tax and realty commissions.  Respect to those of you who know how to profit from flips.

Hello, 

I’m aching to ditch 9-5 and diversify away from the stock market.  I’d like to acquire some rental properties but don’t know how/where.  I read this article which suggests seeking high rent to price ratios on a map as a starting point.  I’m in the Seattle area and notice areas in FL appear to have more favorable ratios, but I’m not familiar with the area.  Could there be a downside to this approach?  My in-laws have done well in the Seattle area by simply renting out their homes when they buy a new home to live in.  Is there a single comprehensive book/resource which could be a good bible to learn from/study?

https://www.biggerpockets.com/...

Thanks/best,

Mark