This is for the novice but certainly worth a refresher for the more experienced investor.
We will say this though. Cash Flow is being confused in the linked article with Net Profit (which is that portion of a cash flow that falls into positive territory or in the black rather than red). Cash Flow, per se, is just that: the flow. It can be positive (a profit) or negative (a loss). It is not, contrary to the author's statement, "…the money left over after all the bills are paid. It's the money that goes in your pocket."
We're sure the author, Brandon Turner, understands Negative v. Positive Cash Flow but just didn't initially say Positive Cash Flow, rather than just Cash Flow, where he should have when defining Flow.
With that in mind, enjoy: Real Estate Investing for Monthly Cashflow.
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The laws that tie our tongues, so to speak, are designed to keep the public from losing confidence in the industry and the regulatory system overseeing it. Insurance commissioners around the country work very hard to analyze rates and to not allow the industry to be damaged by bad rate-settings and changes in coverages. The proper way for people in the industry to deal with such matters is by adhering to the laws, rules, and regulations of the applicable states and within industry associations where such matters may be discussed in private without giving the industry unnecessary black eyes. Ethics is very high on the list in the insurance industry, and we don't want to lose the people's trust. That said, the industry is not perfect; but what industry is?
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