One of the secrets to successful real estate investing is finding a “positive cash flow” property, which is the formal term for a rental property that puts money into your pocket every month (instead of one that costs you money every month) after all the expenses are paid.
While there are many factors as to what makes a great investment property, one of the best places to start looking is with positive cash flow properties. This sounds easy enough, but there are often few to no listings in the database that directly advertise “cash flow property”. Instead, a thorough analysis must be made to compare the potential rental price of the property to the total estimated expenses including taxes, insurance, interest, home owners association fees, condo fees, maintenance and repair fees, property management fees, vacancy, tenant placement fees, and many other factors. This exhaustive exercise is provided to you for FREE.
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