All Forum Posts by: Jesse Flores

Wow, I hear what you all are saying but, it all sounds like you are trying to drag it, into other realms. Too complicated. I live in Japan, so, I'd be trying to do this stuff here. Not in the states. I know, different market but, like, ok lets say 5000 would be too complicated, how about $2000? like, I really dont want to have to deal with a ton of properties, like a lot of you say, it sounds like a pain in the ***, for such little return, I might as well look somewhere else. 

But I'm still curious, people who own rental places, do they wait like 10-20 years before they can start to see those 250$ cash flow per month ? Like that sounds crazy to me. Cause how do you pay the property off otherwise? regardless of it being your own cash or loan, you have to pay that off somehow, the money it takes u to do that... and the low returns it yields, like, at what point does this become any kind of worth it? 

Wow, I hear what you all are saying but, it all sounds like you are trying to drag it, into other realms. Too complicated. I live in Japan, so, I'd be trying to do this stuff here. Not in the states. I know, different market but, like, ok lets say 5000 would be too complicated, how about $2000? like, I really dont want to have to deal with a ton of properties, like a lot of you say, it sounds like a pain in the ***, for such little return, I might as well look somewhere else. 

But I'm still curious, people who own rental places, do they wait like 10-20 years before they can start to see those 250$ cash flow per month ? Like that sounds crazy to me. Cause how do you pay the property off otherwise? regardless of it being your own cash or loan, you have to pay that off somehow, the money it takes u to do that... and the returns you get.. like at what point does this becomes any kind of worth it? 

So, I'm not looking to get rich, or anything crazy, I just want to make a comfortable living, make passive income off of real state rental properties,  I know it will take a long time and patience. I'm not looking to own a ton of properties neither. 

Here is the question, might be super basic though sorry, I looked around and couldn't find an answer.  

HOW do you make actually money off of rental properties? Say you are starting out... you buy an apartment for $25k, plus monthly maintenance. You rent it out for about $450/month, and like, your actual monthly returns are...  like... say $250 right, so how does this make money? It would take like 20 years for the unit to pay itself off and start making you some cash flow.  No? so what I'm trying to understand here is...

Whats the basic concept of making money this way? I would like to make $5000/ month on passive income with rental properties, but I would like to see that return in no more than 5-10 years, how do you actually do this? 

Thank you all for reading, any future wisdom provided, much appreciated.