Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago, 03/08/2024
Unique situation - negative cash flow OK?
Hi All,
I have a unique situation - I bought a house all cash in 2021 in Omaha and rent it long term making all cash flow (minus taxes/insurance). I also rented my primary residence in Denver and have $800/mo cash flow on it. I moved to Omaha, and want to get into another long term, single family rental. With these rates, I will likely be negative cash flow or break even if I am LUCKY on a single family. I'm 37, and hoping to get into these houses for long term equity gains and eventual cash flow on new purchases. Should I take the risk and buy a house with a negative cash flow since I have so much liquidity from my other 2 rentals? If rates drop, the house could cash flow easily.
Thanks in advance!