That's the specific job of a licensed agent and if you don't have one, you're in a dangerous position.

Given the Outrageous price of property here Is finding an investment with a positive cashflow even realistic?

All of my rentals MUST have a positive cash flow.

We now have the enviable position of being able to promote our services, www.IDX.net, directly to their 400,000+ brokers & agents.The people we hire will be Internet savvy, high energy, be able to think on their feet, understand the power of online lead generation to agents and broker offices, love closing deals and making money.

You have mortgage, taxes. insurance, repairs, management fees, etc, and hopefully a positive cash flow.

I don't see this as having any positive cash flow with the numbers you posted.ON THE OTHER HAND: Are the rents comparable to others in the area?

Or $545/mo, which wipes out the $225/mo negative and puts me in positive after-tax cash flow territory ($320/mo positive).

Upgrading to the paid position is optional.HTH.Rhonda

I will have 50k equity in my condo and another 30k approximately in other "investments" (Park and pray mutual funds.)As I already have a decent amount of capital, I was hoping to get some recommendations on what you folks would do for a first time investor's money.Right now I don't think that I can realistically get positive cash flow in the Seattle area so I might have to take the "not in your own backyard approach."

As many of you know, that was a very good time to buy in FL, and now I find myself in a good position to make a move.