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Updated almost 7 years ago on . Most recent reply

Account Closed
  • Investor
  • Astoria, OR
0
Votes |
4
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How much monthly cash flow do you have?

Account Closed
  • Investor
  • Astoria, OR
Posted
What did it take to get there?

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Jerry W.
  • Investor
  • Thermopolis, WY
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Jerry W.
  • Investor
  • Thermopolis, WY
ModeratorReplied

@Account Closed, since your question is a little vague my answer will be a bit vague also.  My cash flow after over 20 years of investing is actually zero.  I have at least 30 doors of residential and have no money to take home from investments at the end of the month or year.  No matter how much I make I manage to make I always end up putting a new roof or two on a property, or installing a new sewer line, or my favorite, buying a new property.  The books show I make money, and I have taken money out to pay on income taxes, but not much.  I often spend much more than I make on monthly statements as I buy materials or pay workers for fixing up the newest acquired property.  The cool thing is that it has grown from one little house to many houses and a duplex, a fourplex, and even a small apartment complex.  I know this isn't the answer you were looking for, but it is very accurate.  On the other hand I hope to retire someday with at least $10K per month of rental income after expenses.

  • Jerry W.
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