All Forum Posts by: Tyler Lloyd

Tyler

How much are you putting down.  Based on your input, if there are no repairs required, 20% downs and 5% maintenance, vacancy, and management the numbers look good.  

You need to make sure you are including all numbers in your calculation to determine cash flow.  I know the market is hot right now but you don't want to start with negative cashflow.

What is your strategy?  Are you buying to hold long term or are you looking for appreciation to set you up to sell in a few years.  I would look at all the parts before you decide if it is a good deal for you or not.

Tyler

How much are you putting down.  Based on your input, if there are no repairs required, 20% downs and 5% maintenance, vacancy, and management the numbers look good.  

You need to make sure you are including all numbers in your calculation to determine cash flow.  I know the market is hot right now but you don't want to start with negative cashflow.

What is your strategy?  Are you buying to hold long term or are you looking for appreciation to set you up to sell in a few years.  I would look at all the parts before you decide if it is a good deal for you or not.

A couple of things.

1 - Rents mean nothing if the CF that results is low.  What's the CF?

2 - There is no such thing as "good for the first deal". Either it's a good deal or it's not. There are no "gimmies" in REI.