โญ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm
๐๏ธ Episode #401 โ One small miscalculation, like forgetting to factor in all expenses, can turn what looks like a cash-flowing deal into a $7,000 yearly loss. If you avoid these five costly mistakes, you can keep your rentals profitable, even in today's 2025 market!
โถ๏ธ Next Episode: How to Make Rentals Cash Flow With 8% Mortgages
https://podcasts.apple.com/us/podcast/316-how-to-make-rentals-cash-flow-with-8-mortgages/id1448707654?i=1000633829403
๐ Show Notes:
https://www.coachcarson.com/negativecashflow/
๐ฌ Timestamps:
- (0:00) - My negative cash flow mistakes
- (0:34) - #1: Forgetting expenses
- (4:21) - #2: Buying old, cheap properties
- (7:20) - #3: Financing & the wrong mortgage
- (11:48) - #4: Not enough down payment money
- (15:10) - #5: No tenant screening process
- (17:42) - My tenant screening criteria
- (18:41) - Recap & How to Make Rentals Cash Flow with 8% Mortgages
๐ My FREE Tenant Screening Criteria:
https://www.coachcarson.com/tenantscreening
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๐ฅ๏ธ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com
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๐ธ https://www.instagram.com/coachchadcarson ๐ https://www.facebook.com/coachchadcarson ๐ฆ https://twitter.com/CoachChadCarson
๐ฐ DealMachine โ Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT