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Updated about 4 years ago on . Most recent reply

Loubert Jean Philippe's profile image
Loubert Jean Philippe's profile image
Loubert Jean Philippe
  • New to Real Estate
  • from Dutchess County Poughkeepsie , NY
  • Member since Feb 1, 2021
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Loubert Jean Philippe's profile image
Loubert Jean Philippe's profile image
Loubert Jean Philippe
  • New to Real Estate
  • from Dutchess County Poughkeepsie , NY
  • Member since Feb 1, 2021
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Loubert Jean Philippe
  • New to Real Estate
  • Dutchess County Poughkeepsie , NY
4
Votes |
15
Posts
General Landlording & Rental Properties

Cash flow is Negative

Loubert Jean Philippe
  • New to Real Estate
  • Dutchess County Poughkeepsie , NY
Posted

hi, if I'm house hacking  and my cashflow is negative 300 is that a deal I should consider for a newbie?

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Corey Hawkinson's profile image
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Corey Hawkinson
  • Rental Property Investor
  • from Bloomington, MN
  • Member since Jun 18, 2019
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Corey Hawkinson's profile image
Corey Hawkinson's profile image
Corey Hawkinson
  • Rental Property Investor
  • from Bloomington, MN
  • Member since Jun 18, 2019
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Corey Hawkinson
  • Rental Property Investor
  • Bloomington, MN
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Corey Hawkinson
  • Rental Property Investor
  • Bloomington, MN
Replied

@Loubert Jean Philippe That sounds like a great deal. Saving $1,800 every month is exactly why you house hack! Then repeat the process a few times while you keep the previous property. You’ll start to build serious wealth.

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