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All Forum Posts by: John Mason

John Mason has started 21 posts and replied 1110 times.

Post: Buy the property nextdoor?

John MasonPosted
  • Posts 1,168
  • Votes 351

If you go here and put in that address what it shows as a  clue

So on a  400 k house I would lose 3000 per year in  cashflow but would make roughly 35000 per year on appreciation.. so would still be ahead

My property is on a barrier island where it appreciates almost 10 percent for past 10 years..I would think that give or take it would do so next 5 years and I would use it to buy other properties

I think people should read John Schaub books more:)

I am not concerned about losing 5000 a year in cashflow as I will make it up based on my other acquisitions using the HELOC