All Forum Posts by: Nina V.

Hi all, I am looking for a PM in Little Rock and surrounding areas. I would appreciate some recommendations. PM's I have vetted so far: 

Solid Rock (Tina) said they do not accept properties build before 2000 at this time. 

Evernest, I did not like their reviews. 

Thank you!

I live in Portland metro and please avoid multnomah county when buying a property. The landlord laws favor tenants and (real law) some landlords are required to help find their tenants new rental if they want to evict (I kid you not). Some neighborhoods in Multnomah county anre owner occupied only as well. Clackamas county (slightly less expensive) or Washington county (intel,Nike,Apple,Microsoft) these tech companies have increased the cost of living and house prices  (it’s higher than downtown pdx) but the neighborhoods are good and safe. 

Hi Cody,  

I current have a rental property in Beaverton. I get $2,600 rent and I get approximately $300 cash flow monthly. I do use a PM to manage the property. I got it for 380k it’s 3 bedrooms. I have been looking for a 2nd property in the area and if it’s above 400k it will not give you positive cash flow (due to high interest rate). If you can find some realtors that deal with off market properties you may find a property that’s below 400k and doesn’t need much work.  These types of properties go pending quickly. I hope this information is useful to you and I wish you the best of luck of getting your property. Be ready to go tour/put in offer as soon as these types of properties hit the market. 

Hi Jonathan, 

I got those numbers by looking at a property with positive cash flow in a Midwest city (using bigger pockets rent estimate and rental property calculators) and my savings. It will take approximately 15 similar properties to replace my w2 income with cash flow. Last month I quit my medical job due to extreme burnout. I want to replace that income with rentals. I would love to achieve this goal. 

Hi everyone,

I currently own one rental property in Portland OR (this was a house hack). Recently the house prices in the area have gone up 38% and its impossible to find positive cash flow SFH. I'm looking to expand to midwest or southwest. I am wanting to buy 15 SFH (if all priced at 130k each with 25% down) in the next 18 months. Any market location recommendation are appreciate. If you are a local lender, real estate agent, or property management and would like to join my team, please reach out! Thank you kindly!