All Forum Posts by: Mark Gould

New and trying to find which lane to pursue. 

I’m curious when you are calculating your deal, do you go at it the same way you would a long term rental? So for example, if I figure mortgage is $1000, and when I calculate everything I get  enough to cover everything, but no real cash flow and not what I would normally look for in a long term rental to consider it a good deal. But since mid term brings in more, would I change my standard, or keep it the same?

I am brand new and looking at different options for investing in real estate. It seems to me that if I were to buy a plot of land, and build a duplex on it, wouldn’t I start off with equity in the house? Instead of finding a deal that makes since with an already built duplex, isn’t it already less to build than it will be worth when finished? And if I rent them, wouldn’t it be more likely for cash flow since the loan amount would be smaller.  Also looking for recommendations for resources in this area please.