All Forum Posts by: Harman N.

Hi Sean,

Sounds like your looking to be a long term rent/hold investor (LRTH)based on looking for cash flow. I dabble in several areas of real estate, but my main focus is LRTH. I know a lot of people struggle in this market finding "deals" and even finding cash flow. I think they're just not capitalized well enough or they're looking for home runs every time. My opinion of LRTH is just finding good property that are in good areas. I'm buying mostly off MLS too. It's been a gold mine for me. Always happy to share my strategies if you want to connect.

Columbus is a strong market. To find a good deal you will have to find properties through wholesalers or off market websites. The competition in Columbus is stiff. Many of the surrounding suburbs are still not over appreciated and may be a rewarding place to look. We have made numerous hard money loans in Columbus and Ohio. If you find a property feel free to send us the scenario and we will lend our view point to your decision. Good luck! I love real estate a great place to invest your time and money.

Your logic is sound.  Appreciation alone is riding a very slow boat to retirement.  Cash flow alone is also slow.  The combination of the two, can turn the singular/linear returns into a compounded return...and thus, move much faster.  How fast?

Take any number and see how many steps it takes before you reach 100 times that number by taking the previous number and double it for each step. (i.e....10, 20, 40, 80, etc...)

Then, see how many steps it takes when you start with that same number, and just add that number to each step to get the next step.  (i.e...10, 20, 30, etc...)

I guess I don't understand what Analysis Paralysis is. Is it the inability to find a deal? Or you just find deal after deal and you don't pull the trigger? I'm in a really crappy market (Brevard County, Fl) for BRRRRs/Rentals right now, but that's not really suppose to matter. I keep using the BRRRR and rental calculator but I just can't get any property to cash flow. Is this something I'm doing wrong with the numbers, or is it I just haven't found the deals??

It amazes me how the compounding of REI is lost on people. More important than that, it is shocking how the ability to buy on 20% or less of face value, then compound the returns on top of that, is completely lost.

Also, one of the greatest advantages of REI is the fact you are NOT locking up your money. You can get your money out within a year if done correctly, and reinvest it, over and over again, and keep the original property. This is simple math...or at least it should be.