All Forum Posts by: Zachary Grotovsky

 One of them can either be a second living room or could be a home office, another could be a dining room or could be an office, or used for something else.

I’ve been looking for my first rental and have looked at 40-50 places and none of them cash flow. Found a place in Anna TX which seems to have a bright growth future - north of Dallas. It’s in good shape and I could get it to cash flow by about 50 bucks per month - taking into consideration only mortgage, insurance, and property tax. (I know I know - this is not the proper cash flow equation because it doesn't take into account vacancy, maintenance and capex) This cash flow does not take vacancy and maintenance into consideration, so that’s the risk. I know if maintenance were to come up it would be out of pocket. This is still the best deal I’ve found so far. Would I be crazy for going through or is it reasonable?

Happy to add more details as requested. It’s a 3/2.5 2200 square feet with two flex areas.

Hi Christopher,

Thanks a lot for your input.  I'll keep that in mind when looking.  This is really a great site, looking forward to using it more.

Hello,

I am new to this website and love it!  I am currently renting and am happy where I am at, but want to buy an investment property and rent it out.  I would be able to purchase a property with an HSA, but as far as I understand, an HSA in only applicable if I would be living on that property.  Any thoughts on the following?

1) Purchasing an investment property while continuing to rent an apartment

2) Funding for an investment property with lower down payment

Thank you for your help!