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What are some good stocks to buy today?
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Chief
A lot of condo will prohibit short term rentals altogether or have limits on the number of rental units. Make sure you read the HOA bylaws.
Pro
You can get a 1,000 sq/ft condo in a prime location for $200k? What city are you in? I didn’t know any urban area in America had real estate for so cheap.
Actually I’m in the city haha, look at Texas cities! There are some pretty good deals here and there
It’ll be a my first property I’ve ever purchased. I have most of my money in the stock market in index funds but I really want to get into real estate ASAP. Im just not sure where to get good info. If there are some experts, videos, or books y’all can recommend, please do!
I would post this in the real estate bowl too
https://joinfishbowl.com/bowl_6nr83fvs5w
Conversation Starter
Learn to underwrite real estate deals. It’s actually insanely easy.
Calculate the cap rate. Generally, 4-6% is low/acceptable, 7%+ is good.