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Updated over 2 years ago,
House Hacking Getting Negative CoC in Long Beach Ca Area
Hi All,
Looking to purchase first home/multifamily unit in Long Beach, CA (or surrounding areas). Have used the Rental Property tool for many different multifamily homes and have been coming up with negative cash flows.
Am I using the Rental Property tool incorrectly or is LA county, CA known for not giving positive cashflow returns.
Appreciate any help.
Thanks!