If you decide to turn left, purchase more properties to increase
your positive cash flow until you reach a point that your income exceeds your expenses, you are opting for perpetual leverage.
Not exact matches
The company says it has had a
positive cash flow every year since its inception, in 2002; it didn't raise outside funding
until 2012.
The new money is coming in the form of a convertible note — a type of loan that eventually converts to an equity stake — and is meant to hold the company over
until it can become
cash -
flow positive.
I anticipate holding shares
until the build - out is complete and the company becomes
positive cash flow.
I would not move and turn it into a rental
until it can support itself with
positive cash flow, though... if after 2 years it won't and you need or want to move, then sell and take your profits tax free.
personally if you are
cash flow positive and want to sell I would not do it
until the unit was vacant, you could offer the current tenants an early out on their lease of you want to sell sooner.