Even if you self manage, you have to add the property mgmt fee to your calculations to see if the deal makes any sense. That way if you are no longer able to self manage, your property will still cash flow.
@marlo28534 күн бұрын
I cant cash flow in my area , even giving 25% down payment and with 800 Credit score
@noah83359 күн бұрын
Great information, very helpful, I will be getting the pro version of your website soon Thank you very much for your help with all of this
@LoomisdjКүн бұрын
Great information
@jerryr22789 күн бұрын
Great information. Thank you.
@jarretmoore38589 күн бұрын
So I purchased a duplex last year for $60,000 it produces $1,450 cash flow if I did the math right it's like 2.47 does that sound right
@jarretmoore38589 күн бұрын
Or do I have to add the money I put into it furnace air conditioner little bit of rehab
@elsabuck60087 күн бұрын
No. Way!!! A duplex for only $60,000? Where at? What city. In what world ?
@jarretmoore38587 күн бұрын
@elsabuck6008 lol Michigan yep
@brianwarner3086 күн бұрын
@@jarretmoore3858 yes add the price of your renovations into the price you paid for
@wdong4619 күн бұрын
For the cheaper investment properties, 1% rule doesn’t work, it cannot predict the cash flow very well.