Welcome to Bigger Pockets Joseph! 

Hello everyone, My name is Alex Sadchikov and I’m excited to discover more about real estate and the Bigger Pockets community.

A successful project to add to our portfolio with a 61% ROI out of pocket.

Rawle Welcome to Bigger Pockets!!

Hi I’m new to the Bigger Pockets forum and I had a question.

Their numbers were not anywhere close to accurate and we are paying the bulk of the mortgage out of pocket.  

Give 30 days notice and move out.If he's been a good tenant, you can "train" him to do the right thing and put more money in you pocket. 

Welcome to Bigger Pockets !

Hello All not new to bigger pockets or  the real estate business took a little break to build a solid foundation and to pursue my real estate license for Florida as well and to learn the in's and outs of the business.

If you have positive cash flow, and  you use your own cash to pay off the property, you are adding to your cost.If you have negative cash flow, the negative comes out of your pocket and adds to your cost.If you try to change negative CF to positive by adding to the down payment, thinking the lower mortgage payment will change the negative to positive CF, you are only paying the negative CF upfront,...and still adding to your cost of the property.Profit starts AFTER you have recovered your cost (cash) in the form you paid for it (cash flow).