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Updated over 2 years ago,
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