Increase your cash flow Phoenix Real Estate Investing
Cash flow is money you get every month from a real estate investment when the rental income is more than your costs. If you make sure the property you buy cash flows even as little as $1/month you can bet that you have made a good investment. We know you want to cash flow more than $1/month, so let’s look at 4 ways to increase you cash flow fast:
- Put more cash down up front.
- Amortize your mortgage on a 30 year note. This will lower monthly payment (debt service).
- Look at duplexes and small multifamily properties for multiple income streams.
- Buy properties that are deeply discounted. Like foreclosures, auctions, short sales and find motivated sellers.
We have discounted properties on our online auction platform located at InvestPhoenixMetro.com and you can get a list of Short Sales & Bank Owned Foreclosures with weekly or daily updates.
See more on goal setting and setting up your cash flow mission if you missed last weeks message.