All Forum Posts by: Jonny Bursa

 Right okay. I mentioned getting cash flow later because, first of all I would need to take a loan, 20k wouldnt' be enough on its own I don't think. So I was considering "cash flow positive" after the loan is paid back. But in any case, yes I need to do more research.

 Hattie, thanks for correcting me. I have heard that term "return on investment" used as a time period by which you break even. My goal would be to reach that point as quickly as possible so I could start generating cash flow.

Hi everyone.

First of all, the main concern I have is how long it takes to make ROI. It like typically it takes about 7-10 years from what I'm learning. That's a long time! How possible is it to find deals which give ROI in, say, 5 years? Apart from finding high cap rates and being okay with being in debt up to your eyeballs, are there any other methods of growing quickly?

I hear a lot that real estate can be a nightmare because of tenants always needing repairs or having complaints. Is that the case?

I have almost $20k I'm willing to invest in real estate. Is that enough and what would be a good first investment with that amount? I am going to talk to my bank soon about what kinds of loans I can take.

Thanks for any help and advice!