Not true.
Strong capital growth is more important than strong cashflow. Ideally you get both. But if I had to choose one, I'd rather the property that gives me 200% of my equity back in a few years, than the one that makes 8% yield.
The difficulty of course is that cashflow is generally more certain than capital growth. To get capital growth requires skill, research, intelligence, luck, which is what sets rich investors apart.
Well Said. +1
An extra 50 bucks a week ain't going to make you rich, say you now have 10 lots, what is an extra 500 bucks going to do for you in the long run and to your financial freedom?
Yes, CF is nice and helps with the collection of more properties.
But, in order to become an rich investor and play the game properly, you would need to increase equity, and as DB said, this sets apart rich investor
If your main focus is on CF, then you would need to collect a mass amount to make it worthwhile, and realistically, how many can you collect? ask yourself