Purchase price: $385,000 Cash invested: $385,000 “The Salty Mint” is the ideal location for your beach vacation!

What are some cities and neighborhoods we should consider for both good appreciation and modest to high cash flow?

Purchase price: $120,000 Cash invested: $12,000 My old residence, I moved to a different home to get better financing options to make this one a rental.

Out-of-state turnkey may sound attractive, but the cash flow is low and the perceived passivity is too high as you still need to manage the manager to be successful.Go to some local real estate meetups, talk to other investors near you and see where they are investing and at what price point.

If not, I've heard many people recommend a contractor or possible cash buyer.

I have properties in Fairfield, West end, East Lake, and others, and they can cash flow but the management is difficult (as in getting cash collected from tenants).

I'm gonna play a small hand and see if I can get a counter offer accepted for the 2 empty lots next to my personal home.

After analyzing over 1,300 active single family homes in Reno, Nevada we found that the majority of homes cash flow around a 4% cap rate, with outliers in the 5s and even some at 6%.A cap rate is a measure of a property's investment potential, calculated by dividing the property's net operating income (NOI) by its purchase price.

Like Daniel mentioned, amenities could play a big role even if the price is a bit higher.

They can come to the table with cash to make up the difference.