All Forum Posts by: Tyler Foshe

Thanks to everyone for your great feedback. After analyzing a number of deals in Des Moines I read in one of the forums that property taxes in Iowa are very high. When you combine that with the property management fees that I was assuming that explains why those deals had a negative cash flow. This is why I moved on to analyze deals in the LA area. Just to clarify the $1.6M property in Torrance in LA County is actually a duplex. I thought the lower property tax and the assumption that I would manage it myself would result in a positive cash flow but it did not work out that way. It seems like the best strategy is to pay less than market prices for properties that need work and then fix them up to get a better cash flow. I will take your advice to keep analyzing deals and adjusting the numbers to see if I can make any of these deals work before I try a different strategy. Thanks again.

I am learning how to analyze deals but almost all of the properties that I analyze have a negative cash flow. At this point I am starting to think that I must be doing something wrong. Three of my reports are linked below. Please note that I live in the Los Angeles area so the one LA deal that I analyzed assumes that I manage the property myself. For the out-of-state deals I would be using a property management company. If anyone has any advice for me I would appreciate it very much. Thank you.

1. 1. Deal 1
2. 2. Deal 2
3. 3. Deal 3