With your cash flow tied up, you're not able to save for other long - term goals like retirement.
«You'll shell out more for property tax, heating and electricity... and
with your cash flow tied up, you're not able to save for other long - term goals like retirement.»
Not exact matches
The main reason was that I could
cash flow there
with 20 % down and could not in Seattle plus I could
tie up less
cash as real estate is cheaper in the midwest.
I invest in both, but I prefer stock investing because I have more tools to reduce the potential of losses, I don't have to
tie up as much money for long periods of time to make a profit, I can achieve rising
cash flow through dividend growth stocks and covered call writing (a low risk option strategy), I can use leverage through margin or options to accelerate my returns, and I don't have to deal
with tenants, insurance and building inspectors, and tradesmen.
We know the gains of real estate investing are HUGE, but getting started can be scary
with so many variables, technical steps, legal questions and
cash flow concerns such as these... Unable to obtain a bank loan to buy a property due to bad credit Can't afford to make costly mistakes or afraid of making mistakes Money
tied up...
But if you don't come up
with 800k I assume you intend to get loans to
tie up 800k worth of property which means that comes out of the 10k a month so you get that
cash flow unless you have a different idea