Advice for first home owner

1 Reply

@Brandon Long location and cash flow. If you buy a home and your mortgage is $600 and you can only rent it out for $800. By the time you figure in expenses( water, insurance, caps, etc) you will be losing money every month. After paying everything the average cash flow should be at least $200 per door. I plan on doing the same but my mortgage is so low and I can rent it out and cash flow around $500 a month

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