RE: Give me an example of a single-family home purchase for rental purposes that

Sign up, and you can make all message times appear in your timezone. Sign up

Report problem with this ad

Jun 29, 2020
4:21:05pm

JAGA97 Truly Addicted User

RE: Give me an example of a single-family home purchase for rental purposes that

730 N North Star Dr, Saint George, UT 84770

730 N North Star Dr , Saint George, UT 84770 is a single-family home listed for-sale at $299,900. The 1,646 sq. ft. home is a 3 bed, 2.0 bath property. Find 11 photos of the 730 N North Star Dr home on Zillow. View more property details, sales history and Zestimate data on Zillow. MLS #

https://www.zillow.com:443/homedetails/730-N-North-Star-Dr-Saint-George-UT-84770/68898148_zpid/[https://www.zillow.com/homedetails/730-N-North-Star-Dr-Saint-George-UT-84770/68898148_zpid/]

Report problem with this ad

JAGA97

Bio page: JAGA97
Joined: Apr 10, 2008
Last login: Apr 29, 2024
Total posts: 23,490 (15 FO)

Report problem with this ad

Messages

Author

Time

Give me an example of a single-family home purchase for rental purposes that is both realistic and worth considering

kccougar Truly Addicted User

6/29/20 4:04pm

RE: Give me an example of a single-family home purchase for rental purposes that

SandYFan

6/29/20 4:05pm

How much of that purchase would you finance and how much rent would you charge?

kccougar

6/29/20 4:07pm

Put 100k down so that the mortgage payment is low and you can pay off the house

Archaea

6/29/20 4:11pm

Heres a rental property I've been looking into purchasing

ZacSeljaas'Stache

6/29/20 4:05pm

I'll pay 1000 per month to stay there.

Archaea

6/29/20 4:11pm

I'll see your $1000 and add six Arby's coupons

Born2Fish

6/29/20 4:12pm

I'll add my Monopolies stickers from the grocery store

Archaea

6/29/20 4:13pm

Two cases of Shasta Root Beer and all the Taco Bell sauce packets in my fridge

Born2Fish

6/29/20 4:21pm

I up your cases, with two cases of Diet Mountain Dew and a case of Diet Barq's,

Archaea

6/29/20 5:29pm

The shutdown has made it tough on all of us.

Cougar TD

6/29/20 4:20pm

Good chance best ones never see public listings.

6/29/20 4:19pm

Bulk REO is how most are done

compcoug

6/29/20 4:28pm

RE: Give me an example of a single-family home purchase for rental purposes that

JAGA97

6/29/20 4:21pm

Return on capital from rental almost never exceeds return from an index fund.

valleus

6/29/20 4:30pm

Please count the 4 benefits of owning investment real estate to be fair..

grandpacoug

6/29/20 5:10pm

1-4 are already factored in. Overwhelmingly, the individual will receive a

valleus

6/29/20 5:54pm

I've seen this argument before. Does not hold up. R.E ALWAYS provides a roof for

grandpacoug

6/30/20 6:52am

The majority of academic research disagrees with you.

valleus

6/30/20 7:41am

I would love to see that research. Does the research factor in

CougaRR4L

6/30/20 10:59am

After your friend stops acquisition phase, if he wants more cash, just start

grandpacoug

6/30/20 11:33am

Great tip

CougaRR4L

6/30/20 11:55am

Wow, that is not what I have seen from working in the real estate industry.

kimdaddy35

6/29/20 5:43pm

Leveraged returns from real estate blow stock returns out of the water in my

VenturaCoug

6/29/20 10:26pm

Apples to oranges

Acorn

6/30/20 5:23am

I agree. RE is generally not a truly passive investment. I just disagree with

VenturaCoug

6/30/20 5:47am

Not even close. Been investing since 2002 and returns blow away the market.

johnnybyu

6/29/20 10:44pm

There are still great areas 4 R.E. Pick a state like Texas, FL or Midwest. The

grandpacoug

6/30/20 7:00am

Plural of anecdote is not data. Your experience is not what the average person

valleus

6/30/20 7:42am

To be honest, you probably don't want to buy a rental in Utah right now

6/29/20 4:31pm

That's kind of my point with this thread. I am having a hard time identifying scenarios in Utah's market right now

kccougar

6/29/20 4:48pm

The market is too high right now to make rentals profitable and a huge risk of a

Ycrazy

6/29/20 4:53pm

Look at other markets. The midwest is a great place to buy right now.

6/29/20 5:43pm

If you're also holding it for increase in value, it might make sense.

Real Men Wear Blue

6/29/20 4:34pm

Single family is a speculative investment right now. Generally don’t cash flow

VenturaCoug

6/29/20 4:43pm

Utah has little cash flow. Other states do have cash flow with low interest rate

grandpacoug

6/29/20 5:11pm

Check out RoofStock.com or roofstockone.com

Acorn

6/29/20 4:55pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad