Christine H.
First MF purchase has negative cash flow
20 February 2018 | 19 replies
well first off this being a landlord site.. and a positive cash flow site generally speaking.. most will tell you are nuts to buy this.however if you can get the property to just about break even maybe lose 100 a month or so and you have a prime Socal asset that someone else is paying off your mortgage and you think rents can go up a little.and you can EAISLY self manage based on quality of the unit .. incredible tight rental market.. that mitigates a lot of land lord issues.I mean whats the alternative you go 1000 miles away to make 100 or 200 a month.. is that positive cash flow going to change your life..is 100 a month negative going to change your life.now this is an extreme.. but i owned a home in Palo Alto that i chose to sell back in 91 because it would have been 300 a month negative.. well that negative within 36 months would have been positive.. and i sold for 500k and today that home is worth 3 million.... and once it got positive it probably would have been positive up to 2 to 3k a month coming into the 2010's.... and someone else would have paid for my home.. plus grade A tenants at all times.. being prime Palo Alto.so thats one extreme.. its really only in low to no appreciating markets with tougher tenant bases that turn a bunch that positive cash flow becomes more acute or for those that want to one day live on their cash flow and be in the business of landlording.. thereby acquiring 50 to 100 doors.
Daniel J Aldrich
Newbie from Central New York
22 February 2018 | 8 replies
Hello @Daniel J Aldrich, welcome to the site!
Travis Zarelli
Meets ups in Seattle surrounding areas and other
23 February 2018 | 3 replies
There are local forums here on the site.
Cody DeLong
How to approach property owner daughter to get their contact info
2 March 2018 | 6 replies
I looked up the owner it seems as if it's a little complicated.
Fradel Schaechter
Providing value to syndicators: How? And where do I find them?
12 April 2018 | 14 replies
Thanks for sharing your valuable time on this site helping out others :)
Eric F.
Inherited tenants and "Property Manager"
20 February 2018 | 3 replies
I'm not sure I've ever seen this type of "on-site manager" arrangement in a small multi become a salvageable relationship once the new sheriff (you) is in town.
Jesse Moran
Land Purchase Question
23 February 2018 | 8 replies
soil testing will depend on site conditions and or type of construction.
Tony C.
How to invest with $560k HELOC
20 February 2018 | 15 replies
Most on this site will suggest you leverage up and buy rentals.. and that is great if you want to be in that field.
Surendra Chawla
Need Help with identifying investment property in Chandler AZ
21 March 2021 | 29 replies
So yes there are some who make the drive from some distance to get to either Chandler site.
Trevor Baker
Ground up Duplexes OR Change Zoning R2 to R3 in Woodland Hills?
17 March 2018 | 1 reply
@Trevor BakerWere you able to gather additional info on this site?