Does it 'Cash Flow' ?
How often have you heard investment properties advertised or promoted with the term “great cash flow!”? Maybe you’ve seen figures of $250 or $350 a month “cash flow” after the mortgage, taxes and insurance.
Sound good? For years many aspiring investors have relied on such simple “rules of thumb” to evaluate a deal.
The sorry truth is the simple term “cash flow” is often misunderstood and sometimes misused. Wonder why is it so many of the foreclosures we buy today are former “investment” rentals?
Sophisticated investors don’t fall into this trap. They understand and use the Tools and the System professionals use to evaluate, predict and control the income and cash flow of their investments.
Investors in the Urban Rehabber Program have put together multi-million dollar real estate portfolios. After 2-3 years’ time, they are millionaires, with 30 and 40 properties to their name. And they did it– One property at a time. Investing in Affordable Housing.
Yes, it’s more than “does it cash flow?” There are insider strategies and more than a few secrets to discover and apply.
© Philip Elmes. For more about Phil Elmes and the Urban Rehabber coaching program go to: http://www.UrbanRehabber.com