I received an application through Zillow of a potential tenant for my first rental property.

When you get a rental property, you have not just the cash flow from the rental income, but you also have the Principal payment which is also your profit. 3.

It's a historic house and I turned it into a multifamily, got the rehabilitation certified by the NPS so I got a bunch of tax credits, and it's been a cash flow cow for the last two years.

However I am having doubts- rates are so high right now I will be making under $100/month in cash flow.

Through November of this year, the unit generated $130,355.23.

Given your strategy of long-term appreciation with breakeven cash flow, here's my take:Both options have their merits.

On the site I search on the new listings are first so it only takes me about 7 minutes to cruise through about 12 neighborhoods.

My rentals which I believe is the way to go because every month you get money in your pocket if you’re good enough it’s all about cash flow and I will teach you how to make 1000 per Door, maybe even more

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Lenders might have different policies on how soon you can obtain a second loan, and it may depend on factors such as debt-to-income ratio, existing debt, and property cash flow.