All Forum Posts by: Tim Watson

Thanks for responding, Elliott.  Are you suggesting that I think differently in terms of willingness to pay out of pocket for equity, or think about structuring deals differently to create cashflow?  My plan (in development) has been to look for properties that are closest to cashflow and then make offers at a price that would cash flow.  Is there a better way?

I am just starting and managed to buy a cash flow rental just before the interest rates went up.  I want to buy and hold and try to build a cash flow portfolio, but the doubling of property values almost everywhere has me wary.  Houses that sold for X two years ago are now listed for 2X and 2.5X.  It just feels wrong.  It also makes it really hard to make the 1% rule, let alone 2%.  I am sure I am not saying anything novel, but I havent seen a forum where this topic is specifically discussed.

Is anyone else spooked about buying houses that have so dramatically increased in cost in such a short time?