First time investor, looking for cash flow.2.

This cultural preference for renting creates a steady demand for rental properties, ensuring reliable cash flow for property owners.Additionally, many Germans face a significant shortage of affordable housing, particularly in major cities like Berlin, Munich, and Hamburg.

Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).

I think there's a path to refinance that would flip me into positive cash flow, but I'm coming up short on ideas. 

The check has been cashed and it's still not settled with me.

I bought this home in 2013 and also did a cash out refi during COVID so buy interest rate is 3.875%.

Despite wanting to handle it a few other ways I reached a small cash settlement with him to drop it.

@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.

Purchase price: $395,000 Cash invested: $39,500 We were dreamed buying home in California, but we just turned our around.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.