All Forum Posts by: Marcus Johnson

@Jaquetta Turner

What’s interesting is you believe 100% of the time an investment property will work out and cash flow. This is ridiculous and not true.

@Ray Valdez

And what’s crazy is the less payments you have the more income you can use to produce a hefty down payment to buy a rental property that has great cash flow. The more debt you have the less disposable income you have.

@Karl McGarvey

Question, on your refi, did you lesson your term or increase it?

@Rachel Hughes

I rented our lake property for two years and never had any problems. We were voted five *4 times over so I’m not sure why you’re having so many issues. 

@Ray Danishyar

For me it’s been positive. I’ve never had a unit rent in one day at a higher rent.  people still need a place to live, and in my area because millennials arent buying houses I’ve got a corner on the market.

@Leatha L. Luttrell

I forgot to mention, after March when the market crashed, all the stupid people sold their stocks, but the people who bought as I did, just experienced about a 20% increase. 

@Leatha L. Luttrell

Yes and I can’t wait to be in a cash position to buy properties a good value.

@Ryan Hazelwood

The number of units doesn’t matter, don’t let anybody tell you anything different. How can you argue that if someone owns eight units and brings in $2000 cash flow Per duplex, please tell me what’s wrong with bringing in $96,000 a year on four properties? 

@Stephen Diakos

So on four properties you’re earning $5000 in rent, before expenses. That comes out to 1250. Are these all single-family homes? After you take into expenses mortgage, taxes and insurance what is left per property?

@Stephen Diakos

Question, if you had all four properties paid off, what would your monthly cash flow be?