You can cash flow about 300 dollars positive per duplex after all is said and done.

Hello,

Im Michael House, licensed CA agent but stoped practicing about 6 months ago. I still hold my license, and probably always will, just because its not that hard to renew :D . Ive moved on to a company called...

#1 - This is NOT in California.I have yet to find positive cash flow properties here, and that's with 0% expenses :), let alone 50% expenses.I like what I'm seeing... time to see what I can line up on financing.

Rental property usually what you are looking for is positive cashflow, of higher than X (personally, I'd rather include x in an early calculation and see if I got a positive value.

For example, Portland gets rated as being one of the only states with rising numbers in sold prices among other positive things...I get a call from my buddy in Arizona asking me why Portland is the 4th worst in the nation for the same stuff...Propaganda my friend.

I have to advocate a more middle-of-the road position.

Great job at such a young age - I bought my first property at 22, right out of college...which has given me a much better equity position over the years.....Other People's Money, right????

Im looking into purchasing a fourplex(well not me, my mom is,i cant exactly purchase a property)but its going to have about 525 a month positive cashflow, and ill be flipping that under a 1031 to buy a larger property,

Still no deal.If I purchase the home and sell it on contract, I am positive the HOA couldn't do anything about that.

After a few days back on the site and perhaps dozens of suggestions for improvement and complaints, we hear something positive about the site from you, John!