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RE: How to Not Lose Money Investing in Rental Properties
So true, unfortunately most of us are speculating.
Whether in houses, stocks, or cryptocurrency. Good for you, you get a CASH FLOW Gold Star!
Do you invest primarily in single family homes then?
Thanks! I have a mix of townhomes and condos (predominantly what makes up the market in my area)
Cool, where are you from? I live in Ohio and I'm interested in getting into realestate in 2 yrs (hopefully after a market correction!)
I'm in South Florida and I know several local investors that have invested up in your neck of the woods. Much better cash flow numbers in Ohio compared to my local market.
I entertained investing in Cleveland last year as I have a bunch of friends there and know the area a little.
Yeah we are expecting the market to slowdown here, but places like Ohio the ups and downs are more muted compared to FL.
And yeah, feel free to check out the scaredycatguide.com website got tons of good info on their about rental investing.
Im in Columbus, so ideally I'd start here, but no guarantee I'd fi d what I'm looking for. And will do, have you considered multi family properties down the line?
My friends dad owns rentals in the columbus area I believe. I'm open to multi-family, looked at a few triplexes last year but #s didn't make sense.