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All Forum Posts by: Joel NA

Joel NA has started 22 posts and replied 112 times.

Post: Quickie, investment #'s question.

Joel NAPosted
  • Real Estate Investor
  • Bloomington, IN
  • Posts 119
  • Votes 8

Interesting discussion. This is my first post, by the way.

Where does appreciation of the property fall into the cash flow consideration. My wife and I want to buy rentals because we have experience managing properties and I can work on them. I also know a lot of reliable subs. Rentals seem like a perfect fit. We are interested in holding onto them for retirement and letting renters pay the mortgages.

That said, not a lot of places we look at provide cash flow according to the standards set out on this thread. Our market is unique in some ways as it's a university town. From our searches a 1% rent to price ratio would be a good deal.

thanks for all of the sage advice

Post: Greetings from Southern Indiana

Joel NAPosted
  • Real Estate Investor
  • Bloomington, IN
  • Posts 119
  • Votes 8

Hello all

I've enjoyed the site so far. I'm in Southern Indiana. Teacher, painter, handyman of sorts...just finished a 2 1/2 year remodel of our home. My wife and I are now looking at rentals and rehabs. I'm looking forward to learning from the community.

Thanks, Joel