All Forum Posts by: Crystal Huffman

It’s great that you’ve saved up $70K and are thinking about cash flow!

Before deciding if multifamily is the best route, I’d encourage you to first get crystal clear on your end goal. Ask yourself:

• How much monthly cash flow are you aiming for?

• How involved do you want to be in managing your investment?

• What’s your timeline for reaching your income goal?

• How much risk are you comfortable with?

Once you know your destination, you can work backwards to figure out the right path to get there. If multifamily fits those goals—awesome! If not, you might find another strategy that gets you there faster or with less risk.

The “right” first deal is the one that aligns with both your financial objectives and your lifestyle.

I am looking at different markets and can analyze the data from that standpoint... but what do you guys do about boots on the ground when your are purchasing out of your area?

How do you get the more personal details about a neighborhood or county? 

Exciting things ahead!