Negative cash flow is not bad. 

Make sure that you're properly vetting your team members especially your agent that you work with - your investor agent should be looking out for your best interest and should be able to explain why something is a good/bad deal.

This is why people are getting pissed with cold callers and your seeing very poor response/appointment/sales rates with PS data.This is what Joel Bongco has stated alsoIts absolutely true and I can go further and quantify exactly how bad the data is using my own study comparing PS to county records.I compared PS preforeclosure leads to county records across 167 counties in Texas (67), Florida (50) and California (45) by running searches for both PS ad the County recorders datbase for the period 08/01/2024 - -09/30/2024 and found thatFor TX which i measure preforeclosure leads as all lis pendens, appoinment of substititute trustee (Not a NoD but used for a similar indication) and notice of trustee filings.

If a tenant (friend) needed to move, I wouldn’t want to be in a bad situation financially.

If a tenant (friend) needed to move, I wouldn’t want to be in a bad situation financially.

I have seen too many partnerships go bad (almost all, just a matter when), that's why in 15 years I have never partnered.

What we really need is a single internet "bad tenant" list to warn each other.

Like most countries, Spain will tax you on your worldwide income if you're a resident, as does the US in most countries (so maybe it's not a bad thing that Canada isn't the 51st state - LOL again).

Too bad I was 12 years old and couldnt take out a loan lol not sure how to take this

I used to think all realtors were more or less the same as well :)Of course there's good and bad and shades in between.