
Real Estate Expert [3/7 Series]
The WealthAbility Show with Tom Wheelwright, CPA
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The Importance of Cash Flow
A lot of sponsors do not know that. This is not an option for most real estate deals. As a general rule, if you've got non-recourse debt, you have to pass the depreciation on to those who put the money in. So I actually think that's a very important note for people who are thinking about investing with somebody else. Once your cash flow that comes in without your effort equals what it costs you to live, you can decide what you want to do. That gives you choice of what to do with your time, control of your life. so cash flow is king, right?
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