All Forum Posts by: Cole Black

@Kyle Horne

My goal is to get some cash flow from my u it’s I don’t own any yet but would like to make my first deal in a few months when I have the knowledge. Thanks for the help I will take a look into the calculators

@Scott S.

Thank you is these percentages of the rent? If so before or after mortgage is deducted?

This is a triplex in the local area being sold for $279,000 generating $2310 a month the realtor gave me a list of expenses.

Mortgage =$1114

Hydro. =$176

Insurance =$230

Internet. =$115

Taxes. =$230

@Andrew Cornstubble

Good point however how would it open me up to a lawsuit? Just curious?

@Clint G. Very good point

@Amanda G.

Thanks Amanda I will definitely have to do some research lol

Thanks for all the answers guys and girls I appreciate it. I was told that making extra payments lowers your regular payments but I guess it shortens your term instead. Guess I sound a little silly but thanks for clarifying it up with me I appreciate it.

@Matthew McNeil lol he’s very good at answering the forums!

@Aaron Hunt sorry I'm new what's PMI and LTV mean

@Joe Villeneuve

I’m new but when talking to people who have owned rentals before they said making extra payments lowers the monthly payment on the property? Is this not true and if so would it not increase my cash flow?