Do most properties you buy cash flow positive?

[Bryan Tasumi]

Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash flow positive? 

Do all condos and town homes in Texas cash flow positive? I am talking about in the Houston, Dallas, and Austin areas where the property taxes are high 2.6%+ and have high HOA fees.

I don't really understand the percentage of properties that cash flow positive and whether high property taxes in states such as Texas and high HOA fees always make the cash flow negative or what.

Any advice/insight is greatly appreciated. Thank you!

[Joe Villeneuve]

No....ALL OF THEM DO.  Why would you buy a property for cash flow, and have negative cash flow?

What's the risk of buying a negative cash flow property?  Try:

1 - running out of money

2 - needing to work harder at your job to pay for someone else to live in your house

3 - bleeding your seed money you could use for future investments

...there's more, but it just gets worse.

Buying a cash flow property with negative cash flow, is like a hockey team starting the game out by spotting the other team a goal...and every period spotting them another goal.  The more negative the cash flow, the more goals you spot the other team/period.

Don't think that if you put up a bigger down payment it will change your negative CF to positive CF.  All you're doing is paying for all that negative cash flow up front.