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All Forum Posts by: Reub Geimah

Reub Geimah has started 1 posts and replied 2 times.

Post: Negative cash flow ?

Reub GeimahPosted
  • New to Real Estate
  • Savannah, GA
  • Posts 2
  • Votes 0

Hello everyone,

So I am working on buying my first property. It is a duplex and the seller is asking for 265k, the duplex is located in Savannah GA. After running my number I've come to the conclusion that I might be negative cash flow since I intend to live in one of the units and rent the other, after utilizing rentomater and also Zillow I realize that at most I could rent the other unit is for 1100 at most since it's 2bed 1 bath. I am military so I will be using the VA loan and my mortgage will be about 1500. Should I go ahead with this purchase or wait ?

Post: Is REI worth a divorce??

Reub GeimahPosted
  • New to Real Estate
  • Savannah, GA
  • Posts 2
  • Votes 0

@Daron Williams hey man sorry to here that first I highly recommend you read the book the subtle art of not giving a ****, second it sound like your are lacking something and trying to fill that gap with REI or money I say you need to work on your self first fix you thinking and then the rest will follow. Read the book brother everything will make more sense