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Even if you self manage, you have to add the property mgmt fee to your calculations to see if the deal makes any sense. That way if you are no longer able to self manage, your property will still cash flow.
Great information, very helpful, I will be getting the pro version of your website soonThank you very much for your help with all of this
Great information. Thank you.
So I purchased a duplex last year for $60,000 it produces $1,450 cash flow if I did the math right it's like 2.47 does that sound right
Or do I have to add the money I put into it furnace air conditioner little bit of rehab
No. Way!!! A duplex for only $60,000? Where at? What city. In what world ?
@elsabuck6008 lol Michigan yep
@@jarretmoore3858 yes add the price of your renovations into the price you paid for
For the cheaper investment properties, 1% rule doesn’t work, it cannot predict the cash flow very well.
specially in midwest small towns
water your plant
now that's good advice...
Thanks 2025 is my Year 🎉
✍🏾
Even if you self manage, you have to add the property mgmt fee to your calculations to see if the deal makes any sense. That way if you are no longer able to self manage, your property will still cash flow.
Great information, very helpful, I will be getting the pro version of your website soon
Thank you very much for your help with all of this
Great information. Thank you.
So I purchased a duplex last year for $60,000 it produces $1,450 cash flow if I did the math right it's like 2.47 does that sound right
Or do I have to add the money I put into it furnace air conditioner little bit of rehab
No. Way!!! A duplex for only $60,000? Where at? What city. In what world ?
@elsabuck6008 lol Michigan yep
@@jarretmoore3858 yes add the price of your renovations into the price you paid for
For the cheaper investment properties, 1% rule doesn’t work, it cannot predict the cash flow very well.
specially in midwest small towns
water your plant
now that's good advice...
Thanks 2025 is my Year 🎉
✍🏾