Things to consider for cash flow without a mortgage

[Andre Lewis]

Hello pocketeers, I am close to making my first offers on what will be my first investment property. The house will be paid in cash so I will not have a mortgage. Hoping to get help on items to consider when determining cash flow (property management, taxes, etc.) looking forward to hearing your feedback!

[John Thedford]

Taxes insurance maintenance, CapEx, management, utilities (if any),snow removal, lawn care...the list will vary depending on the property and your location and will all cost money. You need to have a grasp on these to help determine what your NOI will be.