How to make a negative a positive. #realestate #money #moneytips #realestateagent #tips #investment

9 Aug 2023 · 0 min

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0:28

A short YouTube talk by Steve D Valentine explaining how he converted an apparent negative (negative cash flow after refinancing) into a net positive by refinancing about half his real-estate portfolio, pulling $2 million in cash-out proceeds, and redeploying that capital into other investments generating roughly 7–10% returns while tenants continue to cover mortgage and property expenses.

Questions this video answers

$2 million

About half the portfolio

Approximately 7–10% return

We created a lot of negative cash flow last year towards the beginning of the year when we refinanced majority of our portfolio. What looks negative on paper, which by the way, is a really good write off, I don't like the negative, but we have other sources of income that are covering the negative. Right. So it's covering that portion of the portfolio. But last year we refinanced half our portfolio. We pulled $2 million worth of cash out. The tenants are still covering the mortgage, the debt and all the other things. But that $2 million in other investments, creating a 7 to 10% return.