London Ontario May 17

[Matt Geerts]

Our last event was a big success with 16+ people in attendance, and it was unanimous that we need to do this regularly. It was also widely requested that we start earlier to make more room for deeper discussion.

So please join me again at Tiger Jacks on Southdale Rd. in London Ontario at 6:30pm on Tuesday May 17th, 2016.

This time around I'd like to add just a BIT of structure to our meet-up. The one thing that we all hear over and over again on the Bigger Pockets Podcasts is that the number one reason why people give up, fail or never get started in REI is a lack of taking action!

So this time around I'd like to encourage everyone to bring to the table one thing they've done in the last month to advance their real estate investments, and one thing they plan to do in the next month. No matter how big or small, any action is better than no action.

I'm looking forward to seeing you all again!

[Matt Geerts]

Michael,

I am one that is not very interested in the x% rules. If I get 3% rent but my property has negative cash flow, what is the point?

I calculate cash flow after all expenses (including 1% of prop value/yr for big maintenance) and target $200/mo per door. I also won't buy any more properties without 15% cash on cash. 

What I don't do is account for my time. I KNOW that I am trading time for early retirement. This is my hustle. 

I look forward to chatting with you about your interaction with the city.

BTW, I am typing this with my 4-day old girl on my lap and all three of us expect to be there!