Trying to buy a property in a bangable location for 0k - locations in the US?
09-11-2017, 11:55 PMQuote: (09-08-2017 02:18 PM)playboyphil Wrote:
My budget is $600k. My needs are:So far the only cities that seem possible are Austin, Philly, and maybe San Diego. Los Angeles, SF, or Seattle would be incredible but they're out of my price range as I'm looking for cash flow with this money. Thoughts?
- Diversity. I like non-white fit chicks. White towns with good international universities are ok.
- Walkability. I love downtown Los Angeles because I could do laps any day of the week and have a solid 10% open-to-close ratio. When I scaled my efforts I'd be getting laid multiple times per week. I need someplace where I can do laps.
- Rentability. Target property profile is a detached single or multiunit with >4 bedrooms that I can rent out individually.
People need to learn to think outside the box. In many parts of the world, rental yields are double those found in the U.S. In many parts of the world, CD rates are literally five to ten times those found in the financially repressed U.S. (in U.S. dollars, without currency risks). Earn ten to fifteen percent annually on your money and you can live almost anywhere in the world, including the U.S. It takes research (including boots on the ground research), persistence, some educated risk taking, and acting outside your comfort zone, but the results are worth certainly it. Why beg for scraps in financially repressed social-welfare-state economies when the free market still beckons in much of the world?