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Hi all,
It's been bugging me since I started this business. I can buy 30% or 40%
below market and do well reselling properties. I cannot seem to make
anything cashflow though.
I am in AA county Maryland. A nice area. When I buy a house for 200K and
resell for 390K, I do pretty well on the deal. The problem is that I want
to buy it and hold for cashflow. Well guess what. Rents in that
neighborhood are only $1200/month. I had to sell it.
Where do I've to go to find deals that cashflow. Do I've to go to the
city? Should I be buying businesses?
Channel
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