Cash Flow From Rentals
Hi Everyone this is my second post. I live in New Hampshire and own seven rental properties (23 units) when buying my units in the past I always looked for a positve cash flow of $1000.00 after every thing is paid out, and have managed to do this successfully. My last purchase (2 weeks ago) should have a postive cash flow of $750.00 monthly, less than what my others do, but everything in this property is new, so less to go wrong, and less of my money to put back into the property. My way of thinking is always have a positve cash flow in case those rents do go down, so you can keep your head above water. Everything that goes up must come down. Love reading everyones post. Glad I found this site, it has been very helpful.
[ Edited by Fgobis on Date 04/21/2004 ]
[ Edited by Fgobis on Date 04/21/2004 ][ Edited by Fgobis on Date 04/21/2004 ]
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