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Updated over 2 years ago on . Most recent reply
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How are investors making it work?
I have been trying to get into multi unit rental properties the last few months. I have gone over deal after deal, running numbers and every deal is loosing money on a monthly basis. Each one of these properties comes on the market and within days or weeks they are under contract. What am I missing here? How are investors making money on properties that rents will not cover the cost of mortgage and taxes alone? Not even figuring in management costs or utilities
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Bjorn Ahlblad
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@Brandon Rauscher You are not missing a thing. REI is so overhyped that people with no clue are jumping in with both feet. I have not seen a cash flowing investment property in my area for a long time.