All Forum Posts by: Brian Meskauskis

With a patience, a bit of searching, and budget of ~$140k you can get a 1% property in the West Lafayette school district outside of the areas typically rented by undergrads. 1% on a better neighborhood in south Lafayette would also be good too. My preference would be either of those over a slightly higher ~1.1% return on a Columbian Park property. Scaling the WLSC / South Lafayette rates to Columbian Park, I would be looking for at least 1.5%.

Great points Brian. One last ? As I ramp up in real estate....... what is so magical on the 1% number you keep quoting. I realize it’s the monthly rent over purchase price ....... but why is 1% so important?

Thanks

Brian

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Originally posted by @Brian Lynch:

Looking at a few of the sub-90k properties that are currently rented in the older Lafayette areas, the returns don't look all that appealing for a C-class neighborhood.

For example:

509 S 20th St / 80,000 list / 900 a month
1618 Grove St / 69,000 list / 750 a month

Just sent you a ? On what would be a good return?

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What would be a good return in Lafayette area? You mentioned the returns are not there. What do you view as a good return?

Thanks!

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What about downtown Layafette Indiana? Lots of homes < $90k. Reasonable?

Brian

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I went to school at Purdue (West layafette) and now live out of state.

I'm looking to buy some homes in West lafayette, Lafayette Indiana.

Any cash flow investors out there that can lend an ear.

Prices look awfully cheap from the state I'm in now :)

thanks

Brian

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Hi! I posted on another thread but I'm interested in Estes Park Colorado. Looking to understand trends and how to invest there. Thanks Brian

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good point thank you

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ok thank you for your input and replying to my first post! I’m going to keep digging into Estes Park to figure it out.

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How well does anyone know this area?

Looking to buy land to build a cabin for family that we may rent out also.

Looking for trends in this area to determine $/acre and if this area is on the rise or fall?

Thanks

Brian

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All Forum Posts by: Brian Meskauskis

Brian Meskauskis has started 2 posts and replied 9 times.

Post: West Lafayette Indiana Investing

Post: West Lafayette Indiana Investing

Post: West Lafayette Indiana Investing

Post: West Lafayette Indiana Investing

Post: West Lafayette Indiana Investing

Post: Colorado Investment Real Estate

Post: Estes Park CO real estate market

Post: Estes Park CO real estate market

Post: Estes Park CO real estate market