Rentals are extremely difficult to make pencil right now but would only personally consider higher end projects because the costs are far easier to absorb than trying to build in lower value neighborhoods.

This means that every year, your IRR (Internal Rate of Return) will increase.4) In an appreciation heavy market like San Diego, the IRR is going to be the best way to calculate your earnings as cash flow is fairly low relative to initial costs (down-payment, closing costs, carry costs while placing tenants)5) To calculate your IRR, you want to use this formula: (Appreciation + loan pay down +/- Net rents)/ down- payment.you can include the Closing Costs, and carry costs, but I usually do not.

Big welcome.. do you have a specific neighborhood in mind, or are you still exploring?

We’ve tried other platforms on the market, but the message delivery rates were very low compared to the 85%+ I get here.

However, some investors are fine with this strategy if they prefer to minimize their upfront investment and plan to refinance in a few years, especially with potential interest rate cuts from the Fed this year.At the end of the day, it’s all about investing in a growing market, selecting a solid neighborhood, and building a strong team to support you.

Faith in Whirlpool appliances at a new low.

What was ABNORMAL were the interest rates for the previous 10-15 years which were unusually low. 2.

Most people I know start with low money down programs so they can get away with a initial capital investment of around $25k but you also need reserves.  

We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc. 

I have a very low risk tolerance for stock and many other market driven vehicles.