Philadelphia Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply
$190K-$200K Duplexes...How are you making money?
Almost every duplex I see for sale in the far northeast has been in this range. When I run the numbers, they always come out with negative cash flow. How are people making these work?
I have checked my proposed rents in Rent-o-Meter and even when I push the ceiling, I still come out with a negative monthly cash flow...
Are these properties just over priced? I know my spreadsheet works so this just sounds crazy to me. Thoughts? Experiences?
Most Popular Reply
Don Konipol
#1 Tax Liens & Mortgage Notes Contributor
Lender
Pro Member
#1 Tax Liens & Mortgage Notes Contributor
- Lender
- The Woodlands, TX
- 9,093
- Votes |
- 5,842
- Posts
Don Konipol
#1 Tax Liens & Mortgage Notes Contributor
Lender
Pro Member
#1 Tax Liens & Mortgage Notes Contributor
- Lender
- The Woodlands, TX
1. Owner occupied ; live in one side rent out the other side
2. Anticipated price increase ; suffer negative monthly for anticipated appreciation
3. Purchase for cash
- Don Konipol
Private Mortgage Financing Partners, LLC