There are a lot of what makes a deal good. I am writing to define some of those so you may gain a perspective to help you in your investing career.
Cash flow is one of the most important factors of investing. Renting the property can often be the plan B or C that we need. If you get into a property that has no cash flow possibilities you may not have the plan B or C you were looking for.
How much cash flow is needed is up to you but it is important to ask yourself: Is this property important to cash flow? How much cash flow should I have? Will this property cash flow?
If the properties will not cash flow but you need a plan B or C just in case the property you are looking at may not be the property for you.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125