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All Forum Posts by: Navya Rajput

Navya Rajput has started 6 posts and replied 30 times.

Post: How to estimate the rent?

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6

Hi All

I am primarily interested in rental properties (Buy and Hold Investments). While I was looking for SFHs and MFHs in my area and trying to analyze some properties I was getting confused regarding how to estimate the rentals I can earn from the property or specifically from each unit in case of MFHs?

Is this something you can estimate only by visiting the property in person or is there a way which can give a ball park range regarding the rents? What I am doing up till now is estimating the rents by comparing them from the rents asked by large apartment owners from apartment.com and rent.com for comparable units. Is this a logical way to get a rough estimate on the rents?

Using the above method I found that most of the properties would generate a negative or probably zero cash flow (though the returns from them would significantly reduce or even sometimes completely cover my rent but the overall cash flow is -ve or 0). Would such deals be considered good? OR good deals are only the deals that generate some +ve cash flow?

Thank you :)

Regards

Navya

Post: Buy and Hold

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6
Originally posted by @Ann Bellamy:

Thanks for the recommendation on Black Diamond, @Tim Wilkinson.  Also, @Navya Rajput, there is a Western Mass Meetup 

http://www.meetup.com/Western-Mass-REI-Club/

 Hi @Ann Bellamy

Thank you so much for the help.

Thank you :)

Regards

Navya

Post: Buy and Hold

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6
Originally posted by @Monique Rene Coates:

Welcome to BP @Navya Rajput 

 Hi @Monique Rene Coates

Thank you so much :)

Post: Buy and Hold

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6
Originally posted by @Tim Wilkinson:

Definitely attend the Black Diamond group that meets in Worcestor and Waltham on alternating months. Great people, great networking, and it's free. Meet people, ask questions, and use their phone numbers. You'll find that most will freely give advice that so many are in a rush to spend thousands of dollars for from so-called gurus. 

Congrats on your decision and good luck!

 Hi @Tim Wilkinson

Thank you so much for the help. I will definitely attend the next meeting.

Thank you :)

Post: New member from Massachusetts

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6

Hi Dylan

I am in the same boat I am from Westborough, MA.I am eagerly waiting for my first investment. This is a great platform. 

Welcome. :)

Post: Buy and Hold

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6
Originally posted by @Mike Beaudry:

Welcome from Western MA

 Hi @Mike Beaudry

Thank you so much.

Keep in touch :)

Post: Buy and Hold

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6

Hi I am a newbie in the world of real estate investment. I am trying to get hold of my first property. And my goal is to get a MFH in an year or so. I am looking to attend investors' meetings or seminars where I can meet people, learn and find some partners to invest. I stay in Westborough, Massachusetts (Greater Boston area). Do let me know if anyone has any info to share.

Thank you :)

Regards

Navya 

Post: Member from Massachusetts

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6

Hi I am Navya Rajput 

I am a new college graduate. I am an engineer and will be starting my job as a Multicore CPU/RTL Design Engineer. I have a strong penchant for real estate and so I am looking to enter into the world or real estate investment as soon as possible.

Post: Advice on starting into real estate investment at an early age

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6
Originally posted by @Dmitriy Fomichenko:

@Navya Rajput

also keep in mind that contributions to a Roth can be pulled out anytime tax-free and penalties free.

 Hi @Dimitry Fomichenko:

Do you mean that after 59 years of age I can pull back my money or anytime ?

Thank you :)

Regards

Navya

Post: Advice on starting into real estate investment at an early age

Navya RajputPosted
  • Westborough, MA
  • Posts 30
  • Votes 6
Originally posted by @Mark Nolan:

@Navya Rajput

You can cash out a Roth 401k tax and penalty free once you have had it both for at least 5 years and are age 59 1/2 or older.

 @Mark Nolan:

Thank you so much for the information.

Thank you :)