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All Forum Posts by: Rhys Massengill

Rhys Massengill has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: Rental Property Question

Rhys MassengillPosted
  • Minnetonka
  • Posts 2
  • Votes 2

@Stephen Akindona Thanks! I'm looking at properties around Minneapolis, MN. I want do purchase buy and hold properties buy I don't have to much start-up capital so I would also like to flip a few houses for capital gains to help fund my rental properties! 

0 Votes
Buying & Selling Real Estate

Post: Rental Property Question

Rhys MassengillPosted
  • Minnetonka
  • Posts 2
  • Votes 2

I am new to real estate investing and haven't set up good marketing strategies to generate any quality leads for good deals. I have found some properties that I estimate could cashflow me about $200-300 a month as rentals after all expenses have been paid. However, I'd be paying close to retail price for them. Is this a good idea to buy for the cashflow or should I try to find something better under market value? Thanks!

2 Votes