Set aside a big pile of cash or rely on a line of credit you won't be using.The oversimplified insurance concept is to pay a small premium to cover a large loss.

If you don’t have a certain amount of funds set aside for these situations as well as your portion of closing costs and some extra reserves for once you close then you’re likely not financially ready to be buying things.

Hello, I have been speaking with an investor who would like to partner with me on some future real estate investments. We would like to create a partnership where we are 50/50 partners and he brings the cash and I bri...

Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.

On a side note, my husband is a contractor and I am a licensed realtor in Ontario. 

Seems like with an up/down situation or even a side by side duplex in Denver is difficult to find positive cash flow.

I have an instance where two tenants, a mother and a teenage daughter are using 3X the water of the other set of tenants, which are two sisters.

I'm looking for referrals for a custodian, tax attorney, and a CPA to set one up and advise me.

To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.

Hello, I have been speaking with an investor who would like to partner with me on some future real estate investments. We would like to create a partnership where we are 50/50 partners and he brings the cash and I bri...