great guest! articulate! but he did not go into detail on how he analyses a property for equity. that criteria probably differs for single family; small multi family; and large multi family. i would like to hear more on this topic
Bad advice...... You always need some cash flow. You can make the case of how much one should have but if you have 5 properties with neutral cashflow you can get into trouble real quick. Positive cash flow allows you to weather a down turn in Housing Prices. Especially when you have repairs. Could you imagine if you there was a 15% down turn in housing and then get slammed with a roof replacement and HVAC replacement? Too much risk to play the equity game by itself....
great guest! articulate! but he did not go into detail on how he analyses a property for equity. that criteria probably differs for single family; small multi family; and large multi family. i would like to hear more on this topic
Doesn't every deal build equity when you pay down the mortgage? What does that mean? Does it mean investing for appreciaton?
@@stevend481 He is looking for equity on day one
Real estate truly is a game-changer!
Bad advice...... You always need some cash flow. You can make the case of how much one should have but if you have 5 properties with neutral cashflow you can get into trouble real quick. Positive cash flow allows you to weather a down turn in Housing Prices. Especially when you have repairs. Could you imagine if you there was a 15% down turn in housing and then get slammed with a roof replacement and HVAC replacement? Too much risk to play the equity game by itself....
If you have a high income from your W2 job then thr scenario you describe is easy to adjust to provided that you don't live paycheck to paycheck.
Yes, we need David Greene!
You really do need David Greene to make this show actually entertaining.
Bring back David Greene
Lol😂😂
David has his own TH-cam channel now
The master mind program? Still going?