Yesterday I was chatting with a couple of real estate investor clients of mine and the conversation of cash flow came up. One partner was anxious to turn his current assets into an empire quickly where as the other was more focused on monthly cash flow.
Both of these gentlemen were correct, but cash flow is critical and should be the focus of all of us who are real estate investors. With out cash flow, the burgeoning empire will soon crumble to the ground.
Today I came across a great article on the advent of real estate cash flow and I thought that I would share. Here are some takeaways from the article:
-Cash Flow is a MUST
-Choose Rentals Over Lump Sum Profits
-Cash Flow Will Lead to Long-Term Gains
As Engelo stated in his real estate cash flow article, “If cash is king, then cash flow is queen, and financing could be the peasant.” Be very cautious when using leverage. If done incorrectly, you could bleed your portfolio to death and make ZERO passive income.
Keep on investing in real estate for in the long run those with long term strategies end up retiring in style; but, never take your eye off of your monthly cash flow.
