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Updated about 4 years ago,
Running The Number - as a newbie
Hi Everyone!
I'm starting to run the numbers in my area as practice before my first purchase (house hack).
I know LA is an expensive market and does not tend to cash flow. However, about 1/3 of the houses that I have analyzed would cash flow and I'm kinda eager to jump on this opportunity.
I want to proceed with caution because this is the first time I use the calculators. So I'm sure I'm missing something. Any assistance or guidance would be appreciated.
Thank you (and good luck on your own REI journey)