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Updated almost 2 years ago on . Most recent reply

User Stats

61
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13
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Josh Milewski
  • New to Real Estate
  • Jonesboro, AR
13
Votes |
61
Posts

First Three Properties

Josh Milewski
  • New to Real Estate
  • Jonesboro, AR
Posted

I listened to the webinar how you buy your first, second, or third rental property yesterday. In it, David Greene talked about the value of experience in these three properties. Which got me to thinking. Is the experience with little to know ROI as long as you break even and plan for expenses like capex and vacancy? I don't have a specific property in mind I was simply wondering in general.

Thanks in advance,

  • Josh Milewski
  • Most Popular Reply

    User Stats

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    David Ramirez
    • Investor
    • Tampa, FL
    1,045
    Votes |
    1,028
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    David Ramirez
    • Investor
    • Tampa, FL
    Replied

    It depends on your investment goals. If you want to replace your W-2 income, I would focus on finding properties that generate positive cash flow from day one.

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