All Forum Posts by: Karee Sh

hi,

I am debating between condo and SFr.

The condo in consideration $110k rental $1000 cash flow $150 per month(after $250 in hoa)

SFR $200k rental $1350 cash flow $100 per month.

Both are in the same city within 10mile radius.

Which would be better investment? cash flow wise condo looks appealing but I read a lot about every one preferring single family homes, this is going to be my first investment, please advise.

Hi

this is going to be my first deal - so hell nervous, any inputs highly appreciated.

planning to buy a 2 bedroom 2 bath condo - seller listed for $120k offered $100k and $3k closing costs.

would rent for $1000-$1100.

Southern ca is not so great in cash flow, however this will cash flow me up to $100 per month.

piti $550

hoa $250

rep & vacany $100

Is this deal worth? Should I be looking into SFR however, SFR in the area go upto $200-$250k and rent would be $1300-$1500.

I m not anticipating any appreciation, plainly cash flow.

Hello,

I am newbie to the forum and greatly appreciate the knowledge on this forum.

I am interested in buying Condo or small multi-family (2 units) properties in San Bernandino County, California. Does anyone have experience investing in this market?

My main question is about the rental market demand, what are better cities to pick from - Redlands, Loma Linda, Colton, San Bernandino.

What price point shd b considered good, would I be better of investing in SFR ($200k) or condo ($100k-$140k), In any case my cash flow would be $100-$200

I am interested in one ppty - I have to give an offer to the seller, not sure how low can I go based on the listing price..can I offer 20% down the listing price or would it be too low?

Please pls advise, this would be my first investment property.

Those are some amazing deals, definitely a lot to learn for someone new like me.

btw, I am curious, which cities are your flip properties located.

For some one new to real estate, it might be hard to flip properties esp 12 in a year, as you need considerable cash at hand and knowledge of contractors and rehab properties.

What would you recommend to a newbie..which cities would be best, is $110k over-pricey for a condo in Redlands/Loma Linda to generate cash flow of $200.