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Updated about 7 years ago on . Most recent reply

About small amounts of cash flow...
I'm sorry if this is a stupid question, but I'm just really starting to research this stuff and some things don't make sense to me...
Ok, I've read in several places that multi family units are what many aim to buy. But then someone will say they bought a multi family, rehabbed it, rented it out, but the cash flow is only $200 a month. Why would you go through so much trouble for only $200 a month? Is it because you're also paying down the mortgage on the property so 15 years from now you'll own it and can sell it for profit? Explain it to me like I'm 5, but I'm not getting out of bed for $200 a month. I'm sure I'm missing something here....?
thanks!