@Simon Packman - This year I got insurance for a quadplex through Steadily Insurance (Broker) that I've been happy with, so I would recommend giving them a call.

🙌 I love your focus on helping others achieve financial freedom through real estate – that's what it's all about!

I’m here to guide you through the process and help with whatever you need.

Your cash flow is positive on paper, but how will that look in reality?

You will go through a lot of bad potential renters before you find a good one. 

I like targeting outside of where I would live for SF and small MF (1-4 units) because of the lower entry price, usually higher cash flow since your rental income is higher relative to your debt service, and your appreciation potential is high if you can read the writing on the wall.

It had multiple offers the day it was listed (like everywhere) but now the financing of the buyer is falling through. 

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

I was a Platinum agent in NJ in 2024 so just trying to expand on that with lead flow but I am very skeptical of the lead generation through BP and have been for years frankly.

Property values continue to grow in value, and you can actually live off the rental income.I think it's best to hav all properties paid off by retirement age, since that's when you are going to rely on cash flow for your living expenses.