As with any investment, we want to make money not lose it. In this video tutorial I cover how to use a property calculator to see if a rental property investment will make money or not.
Key Points:
- Does the property meet the 1% rule?
- Have you looked on the county property appraiser site to get a real estimate of taxes?
- Insurance quote from a broker?
Those are just a few of the things you need to properly analyze a rental investment.
Why Positive Cash Flow is Key
When we invest in rental properties that return positive cash flow each month, we have effectively taken ourselves out of the appreciation game!
Appreciation is great, but gambling on that as your only potential way of earning a return in real estate is risky.
You can get a copy of the calculator used in this video at: https://scaredycatguide.com/ and find plenty of blog posts with real estate investing info!
Best Regards,