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re: Rental Property - What/where would you buy?
Posted on 4/4/17 at 9:17 am to LSUTOM07
Posted on 4/4/17 at 9:17 am to LSUTOM07
quote:
Are there any key metrics you look for when purchasing
Cash flow is super important for your first couple of investments, IMO. We're not like the major investment firms, we really need it to cash flow from day one since it'll take most of your liquid capital to make the down payment. So REALLY make sure that that's going to work.
Once you get some resources built up you can afford to eat a loss for a bit while a potential play incubates, but not your first few plays.
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