The Cash Flow Myth: What Real Estate Gurus Don’t Tell You! In this eye-opening episode host Tim Harstead from Chicago Style Management, challenges one of the biggest myths in real estate investing — the promise of instant cash flow. While many gurus sell the dream of rental properties generating passive income from day one, Tim reveals the hidden truth about the real cost of property management. He dives deep into the importance of planning for maintenance, unexpected vacancies, and capital expenditures, all while highlighting the long-term value of real estate investment. Key Takeaways: The Myth of Cash Flow: Why it’s rare to see true cash flow in the first few years of property ownership. Building a Reserve Fund: The critical role of saving for property repairs and tenant turnover to avoid financial strain. Long-Term Gains: How real estate investors can start seeing substantial returns after five to ten years. Maintenance Planning: The importance of preventative maintenance and budgeting for future expenses like HVAC systems, roofing, and plumbing. Chicago-Specific Insights: Tips on handling tenant-friendly laws in Chicago and ensuring your rental properties are set up for long-term success. Whether you’re a new investor or a seasoned landlord, this episode offers a reality check that can help you build a sustainable real estate portfolio and avoid common pitfalls. . . . . . . . . . Why should you have a property manager? Reach out at www.chicagostylemanagement.com to find out. https://www.chicagostylemanagement.com/ CHICAGO STYLE MANAGEMENT 3341 S Lituanica Ave Chicago, IL 60608 224-601-5415