FACTS FROM Eddie Velie, GRI, Broker/Owner of Velie Realty:
#1 With a negative cash flow, your the property still contributing more to your net worth?
Answer: Appreciation of the property, mortgage paid down by tenant.
#2 Your ROI is higher if you take out a mortgage to buy the rental property.
Answer: Contact Eddie Velie, your property manager! for answer!
#3 The best measure of a real estate investment is the after tax cash flow (AFTF) divided by the CASH you invested.
Answer: It shows how well you are using other peoples money to make money. :-)
Do you know why these things are true?
Investors call us now!
Owners, if you can't decide, call us now! Situation counseling is this broker's specialty.
Retirement planners, Are you still wishing to make more money in that self directed IRA (SDIRA) while lowering your risk of losing principle?