Would you do it??

[Daniel McDonald]

I heard something interesting on David Greene's podcast the other day. He was making an argument for buying properties even if it didn't cash flow. Now that is accounting for reserves so imagine you were just breaking even on a property. Would you do it?? 

My thoughts are that true wealth comes from appreciation, cash flow is only a bonus and if I put it into the stock market instead I wouldn't be making cash flow either (besides what's likely very little in dividends). 

I agree with David on this one but I'm curious what the BP world thinks!? 

Would you buy a property without any cash flow in today's climate?