A Real Estate story . . .

[Merkin Man]

Incredible, Russ.

:thankyousign: :thankyousign: :thankyousign: :thankyousign: :thankyousign:

 

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[Russ H]

Coming next:

How to make RE cashflow in California.

-Russ H.

 

[Yankees338]

Coming next:

How to make RE cashflow in California.

-Russ H.

Can't wait!

Thanks, Russ. These have been awesome.

 

[hatterasguy]

Coming next:

How to make RE cashflow in California.

-Russ H.

Buy it cheap with cash, no mortgage and it will cashflow real nice!

 

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[Jito]

Buy it cheap with cash, no mortgage and it will cashflow real nice!

That would lower your ROI most likely. The great thing about real estate is leverage - paying cash = zero leverage.

 

[Yankees338]

That would lower your ROI most likely. The great thing about real estate is leverage - paying cash = zero leverage.

I thought he was just saying that that's practically the only way to get properties like that to cashflow...

But I definitely see your point.

 

[hatterasguy]

I thought he was just saying that that's practically the only way to get properties like that to cashflow...

Thats exactly what I was saying, I never liked SFH's as cash flowing properties.

Maybe if you lived in a cheap area of the country and could pick them up for well under $100k, and charge $700 a month rent. But than you need to buy a dozen to make anything.

I would never purchased a negative cash flow property, and around here any SFH with a note on it is one.

Steve has the right idea, buy apartment buildings.

 

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[Russ H]

Bump.

You'll all note that my next topic was "How to make RE Cashflow in CA".

That was 3 weeks before banks and investment houses 'round the world went Ker-Plunk.

I will eventually get around to posting this next topic-- but I've wanted it to be relevant-- not "how we did it in 2003-2008", but how we did it during that time---- AND AFTER.

We're in the midst of developing new strategies for this new economy. So stay tuned!

Bumping this thread up for Brootal.

-Russ H.

 

[Brootal]

Thanks Russ. :yourock:

 

[Russ H]

Bump up to the top.

The "to be continued" is what I'm presenting at the B&P today, after lunch.

-Russ H.

 

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[Russ H]

For reference:

https://www.thefastlaneforum.com/real-estate-investing/1613-why-we-chose-b-b-cashflow-how-we-got-point.html

-Russ H.

 

[CEBenz]

Wish I could be there. I'm tempted to pull vacation days and go play cash flow with Russ. Lol

 

[gabbar12690]

really a great story of real estate...

 

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