Something I caught within 10 minutes of looking at the financial.

Or buy and force appreciation or buy and paydown debt with cash flow..

With that in mind, I’m considering purchasing four rental units over the next four years to build a stream of income that could help supplement my retirement by age 68.The challenge I’m facing is that the deals I’ve come across so far don’t make financial sense.

I guess you could offer up your property OOS, not sure how an affected victim would get there, if they have financial means, they could fly there or drive there, if they still have their cars. 

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Greenock Financials 2018 2021 Revenue $‎60,030 $‎64,640 Gross Potential Rent $‎62,400 $‎67,200 Avg.

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

I’m happy to be in a forum with fellow investors and people wanting to master real estate.  I enjoy hearing about peoples’ personal wins and innovative, creative strategies.  I hope to be able to contribute to other p...