Super Real Estate Expert, Lou Castillo, Explains Rental Property Cash Flow
Released on: January 21, 2008, 9:32 am
Press Release Author: Lou Castillo
Industry: Education
Press Release Summary: " Long Term is Better than Short Term"
Press Release Body: Super Real Estate Expert, Lou Castillo, known for his successful career in real estate continues to help others mimic his success. Lou Castillo, known for providing insightful tips on real estate investing, continues to offer advice by explaining what investors should look for in cash flow from rental properties.
Super Real Estate Expert, Lou Castillo discusses the real meaning of positive cash flow from rental properties. "Many investors believe whatever funds are left over after paying the mortgage is positive cash flow," Lou says. Lou stresses the importance of factoring in other things such as vacancy rates, maintenance and repairs, taxes and insurance, and property management fees. Lou suggests that even after considering those factors the cash flow equals zero, the property might still be worth the investment.
Super Real Estate Expert, Lou Castillo, advises clients to begin looking at real estate investing as a long term investment and not a source of immediate additional income. Lou gives a detailed breakdown of how a property with a zero cash flow can be a gold mine in the future. Lou suggests considering these facts, the tenant will pay down the mortgage by paying rent, the property will increase in value over the years, and the rent will increase. Lou explains that in fifteen years the property could easily be paid off, thereby the rent will then be additional monthly income, as well as, the property will be a free and clear asset worth quite a bit more money than it was purchased for, creating a win-win situation.
Super Real Estate Expert, Lou Castillo, says when the investor looks at the investment from a long term perspective, they will have gotten the property for free. Lou Castillo offers more thought provoking real estate tips on his website (http://www.FreeRealEstateStrategies.com)
More Information About Super Real Estate Expert, Lou Castillo Lou Castillo has been successfully investing in real estate since the early '90's. Castillo was on his way up the corporate ladder until he recognized that real estate offered a greater opportunity for financial freedom, and for the lifestyle he desired. Lou has a knack for developing powerful & proven systems that work in real estate and has authored more than 7 books and courses on the subject. For more information or to sign up for Lou's Powerful real estate Investing Tips go to: (http://www.FreeRealEstateStrategies.com )
Contact details Lou Castillo 843-628-5455 ext 300 info@FreeRealEstateStrategies.com This PR has been submitted by TrafficMagicians.com
Web Site: http://www.FreeRealEstateStrategies.com
Contact Details: 2138 Ashley Phospate Road, Suite 204 North Charleston South Carolina 29418