Hi, I would love to help those interested in purchasing a long-term investment rental tax looking for an investment area to ל

Responses

1. 

   Amos Lemberger אוקטובר 27

   There are properties in Savannah Georgia that can reach +- the order of magnitude you mentioned.
   But of course, this can only be achieved through property locating and refurbishing the property.
   Savannah is a very developing city and currently has a relatively high prices for the American market.
   But of course that is right now,
   It is impossible to know for sure what will happen next year

2. 

   Dudi Elias אוקטובר 27

   Hi, I have been working in Atlanta and Metro Atlanta for several years and in the areas where I work you can easily find properties in the range you are looking for. The purchase price will be around the 100-120K but at the same time, I would suggest lowering barriers and exploring other ranges. I work a lot with properties in problem areas “C” and below and can say that as workers are right, the returns are much higher. Than B. areas.

3. 

   Oded Liphshitz אוקטובר 27

   In Class B or C areas of Cleveland, there are animals like this, I meet the kind of property you are constantly looking for, but to get to such a rental you need some patience and focus to find the right property. It can be a duplex in one of the sought after areas or a single high quality area. All in all, what you are looking for exists with a little flexibility and patience. Recommended areas Bedford, Bedford Heights, Parma, lyndhurst and a few other markets that meet these criteria

4. 

   Liran Rotter אוקטובר 27

   Hi, I'm investing in Milwaukee, Wisconsin These numbers are available at the monthly level, 75-120 purchase price range for the property. Successfully!

5. 

   Natan Shuster אוקטובר 27

   interesting

6. 

   Here Gelman אוקטובר 27

   Lots of criteria but I would love to advise from the experience and area I am familiar with:

   1. New York educated young people move to cities in Connecticut where you can reach the city quickly. One of the places that shot up was the Black Rock area of ​​Bridgeport because of its proximity to the train.
   The eastern area of ​​Bridgeport was still considered to be tougher, but to me a potential for proximity to the train. In addition, there is a university there which helps find tenants.
   2. Reasonable renters (teachers, police officers, government employees) can be found in an area that is already relatively developed. That is, they have good access to transport and reasonable education.
   3. The value of your property is unlikely given the above criteria.
   I will explain in # 4
   4. If you are looking for renters who pay $ 1,400 a month, you should expect an annual income of $ 60 per household and renters as "reasonable" as you have defined.
   For reasonable renters, an investor is prepared to receive a yield environment of approximately 7%.
   If it is a private home, then $ 1,400 rent, 92% occupancy, 30% expenses (insurance, tax, repairs, management) we have reached an NOI of about 11 a year.
   A house that yields 11 a year is worth about 160 (calculating a 7% yield)

   Hope I didn't complicate the issue too much, suggest you look at the Bridgeport market.

7. 

   Guy Nizri אוקטובר 27

   Sorry to blow up the bubble or joy a bit but:
   1. No one can predict if the market will go up or down and if prices are already high at the moment and there is no bad situation at all that the market has dropped significantly in about two years.
   2. The neighborhood you are probably looking for is called Class B, which is good for investment, but I recommend you focus on a management company and a team that will manage it and less in the area / property.
   3. It will be a little difficult to get assets you want with the rent you want. Unless you start spending money on marketing and reach out directly to homeowners.

   In any case, areas that I personally love (again, that's my personal opinion) are excellent areas but also a little more expensive (150-200) if you already invest and if you already have class:
   Texas:
   Dallas Houston and San Antonio
   Florida:
   Orlando and Tampa
   US Center:
   Chicago, Nashville
   East Coast:
   Philadelphia, Charlotte, Greensboro
   West Coast:
   Las Vegas (the other markets will just be too expensive for you)

   This is a partial list but some markets are quite nice in almost every area of ​​the US.
   Successfully!

8. 

   Shai Bar אוקטובר 27

   We have the Metro Detroit area. Cities are very good in terms of real estate prices, demand and more. For example. We have now bought a property of 4 + 2 for full renovation, at the price of 55000 property + 40000 renovation. Rental prices range around 1800 gross dollars.
   I take into account 20000 gross income per year. 9000 sizing expenses, should remain net as 11000.

9. 

   Arie Bitton אוקטובר 27

   Mid West Area. Class B assets. The 1400 rental is a little tough considering the value you are asking for.

10. 

    Gad Regensburger אוקטובר 27

    Hadar Gilboa
    Sending details.
    I would recommend using more clear parameters.