More of these please! Love the details and logic behind why the deal works or doesn’t work. My only request would be to do the math on how well the deal would work after the owner moves out. ie - Is it worth having negative cash flow if the deal kills it after moving out?
I’m confused, how exactly would the owners have negative cash flow if the deal worked while he was there? The deal should be better because now he can charge rent for the other side ?🗿
@@deesplash7087yes but the deal is -18% CoC while he’s living there. What would it be after he moves out? Would it still be negative? That’d be good to know.
@@realdoyledrums *sorry I hadn’t heard the whole video before I commented*. okay so I did read what you said correctly . The deal, theoretically, should have better / less negative cash flow if he moves someone else in there at market rent rate. But remember , he was only paying a “small” amount of rent while getting someone else to pay down a huge part of his mortgage. It depends on the goal of the investor tbh
Very concise and helpful, thank you
More of these please! Love the details and logic behind why the deal works or doesn’t work. My only request would be to do the math on how well the deal would work after the owner moves out. ie - Is it worth having negative cash flow if the deal kills it after moving out?
I’m confused, how exactly would the owners have negative cash flow if the deal worked while he was there? The deal should be better because now he can charge rent for the other side ?🗿
@@deesplash7087yes but the deal is -18% CoC while he’s living there. What would it be after he moves out? Would it still be negative? That’d be good to know.
@@realdoyledrums *sorry I hadn’t heard the whole video before I commented*. okay so I did read what you said correctly . The deal, theoretically, should have better / less negative cash flow if he moves someone else in there at market rent rate. But remember , he was only paying a “small” amount of rent while getting someone else to pay down a huge part of his mortgage. It depends on the goal of the investor tbh
Why carpet of all floorings?