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Updated over 1 year ago,
Newbie Investor Dilemma: Is it Worth Investing in Properties with No Cash Flow?
Hey there, folks! As a newbie investor, I've been actively exploring the real estate market and analyzing various properties, both single-family and multi-family, within and outside of my state. However, I'm facing a bit of a roadblock as I'm unable to find any property that generates a good cash flow, if any.
This got me wondering, is it really worth investing in a property that generates no cash flow or, worse still, has a negative cash flow? Sure, there's the aspect of building equity over time and the potential for appreciation, but I'm struggling to see how this will help me achieve financial freedom in the long run.
So, I'm turning to this amazing community for advice and insights. Have any of you faced similar challenges? What approach did you take to overcome them? Any tips or guidance you can offer a newbie investor like me would be greatly appreciated. Thanks in advance for your help