INVESTOR TRAINING
ALREADY A ROCK STAR?
LOGIN HERE

What To Do With Negative Cash Flowing Properties?

Look we're generally optimistic about the future but we believe you have to plan for the bad times too. And we've had a very long run of QE, low-interest rates, and easy money so if you're carrying any negative cash flowing properties this week's Rock Star Minute may be of interest...

LIKE WHAT YOU SEE? SUBSCRIBE TO OUR YOUTUBE CHANNEL

Find us on Social Media

Related Videos

Leave a Reply

Your email address will not be published. Required fields are marked *

0 comments on “What To Do With Negative Cash Flowing Properties?”

  1. Good advice, appreciation does not pay the bills. Some people think it does but you are not holding a stock that has no overhead, you are the owner of something that takes work and $$$$ to protect the value of. I recently met with a banker who had never been a land lord. I laid out a business plan saying I planned for $300 a month in maintenance expenses beyond any fixed expenses like financing. He said that was a lot. I said that is nothing, you piss away $300 in a flash. You start replacing a roof, windows, furnaces and if your not replacing an appliance your maintenance budget for the entire year just got blown away on a $5000 furnace. Plan to make nothing on your property after you pay everything and 1% in maintenance.

  2. If I may. So. by positive cash flow, it of course on a black and white ledger, means rent in, insurance, condo fees (if appl) mortgage/int, reno's and upkeep out (utilities - depending on lease agreement), leaving an understanding of the accounting and what can get written down and tax time (with a separate account, and income/outflow trail during a year, then what I assume is a tax refund, to add to inflow, for the overall Cash Flow calculation? (Only to be pulled out of a personal income tax filing, and interpretated to one property, or more trickier, many).

crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram