Ok so I listened to Brandon’s podcast on buying multi family houses. I was using the rental calculator having properties amortized over 30 years. My main goal is cash flow however most properties using the 50% were generating a negative cash flow of sometimes 100s of dollars. I see two options for increasing that “forgive me I am new” I can either send in a lower offer. The best deal I could find was $189,000 to generate a positive cash flow of say $150 I would have to offer around $150,000 or raise the rent that my tenants pay. What is the better option? Would I insult the seller offering $39,000 lower? Would I irritate my tenants raising the rent after they have been there a while. I am sure that I will have to spend many more nights looking for a deal that will be worth it I am just curious on what you guys and girls have to say!
