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Harrison Chow on Muck Rack

Harrison Chow

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$100k to start investing into real estate, in California. Stay, or go out of state?

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By Harry Dhaliwal, Randall Alan, Harrison Chow, Patrick Drury
| BiggerPockets Verified
@Harry Dhaliwal I guess my first question is: Do you think the $100k is going to get you anywhere close to $5,000/ month in cash flow? A really good return on a $100,000 SFH is probably $300-400/month after Principle, interest, taxes, insurance and say a $100 maintenance reserve.. That house is going to cost you about $25,000 to leverage into. So you will likely get 4 houses (if lucky) out of your $100,000 if buying $100,000 homes. That's $1,200 - $1,600/ month in income.
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Searching for Turnkey Property

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By Marijana Vuković, Kyle Tusing, Harrison Chow, Abram Torres
| BiggerPockets Verified
I am looking to purchase a turnkey rental in Ohio within the next few months. Toldeo looks interesting to me, but I could use some guidance. Can anyone give me more insight on how taxes are in Ohio, and if there’s any specific areas of Toldeo that I should be keeping my eyes on or avoid? Any advice is appreciated.
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