Hell, I hope rates rise like mad.

A few drivers -Have to lower my sales price below my break even - would start to consider renting.Can I collect enough rent to make it worthwhile/positive cash flow?

I think it’s simply the greatest thing about investing in anything 2 or more units, and a main driver why we’ve started our new company to focus on Value Add investing in larger apartments.The first duplex we bought was a 2bd/1ba on each side with a garage.

If your grandma was offered the deal you're offering someone...would you be mad or feel like she was cheated?

Don Draper made $45K in Mad Men which took place in the 60s/70s.  

The reason I offer this is because this has been a good learning experience with rehab and vacancy being the key drivers of negative numbers below.

What is breaking even today will likely cash flow like mad in 10-20 years thanks to the innovation, growth and rent increases.

I just replaced 3,000 sqft of siding for new 50 year James Hardie driver cement.

Thanks,Mads

A few weeks ago after a Lyft ride (I'm a driver) with a super smart and savvy fellow I had an epiphany and caught the real estate bug.