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Reddit mentions of What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures
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Reddit mentions: 1
We found 1 Reddit mentions of What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures. Here are the top ones.
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| Release date | October 2008 |
>How much work would I be looking at?
Quite a bit. That's 8 rooms I'm assuming? If you have a full-time job, then you are going to be having a lot of work on your plate. Expect problems like a sink being backed up quite frequently, especially if you have college kids in there. The main halls would have to be cleaned frequently. Any landscaping? That's all your responsibility or you could pay someone to do it, which will cut into your profits. Then there's collecting the rent every month, getting new tenants and evicting deadbeat tenants. You could pay a property management company, but again, that will cut into your profits.
>Teach me everything.
Commercial property isn't that simple. It can't be taught in a few paragraphs.
http://www.amazon.com/Multi-Family-Millions-Reposition-Apartments-Profits/dp/0470267607/ref=wl_it_dp_o_pC_S_T1?ie=UTF8&coliid=I18T4B88QO616J&colid=1ETOZ16L1GY7H
http://www.amazon.com/Investor-Flow-Financial-Measures-ebook/dp/B004BKIEUS/ref=wl_it_dp_o_pC_nS?ie=UTF8&coliid=IHFWIUNLSDD2D&colid=1ETOZ16L1GY7H
These are both highly recommended books by most people. Read them first before you start dropping serious cash on property. BiggerPockets.com is also a great resource for information.