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re: How to get into rental property?
Posted on 3/20/23 at 1:15 pm to Silverback911
Posted on 3/20/23 at 1:15 pm to Silverback911
2% is a hard find. mine are between 1.4 and 1.9% which is mixed SFH and MFH.
1% is ok.
many places now are at just .7% and .8% terrible RTV.
make 1% the minimum. learn how to run numbers for COC and PCF.
you can get good cash flow from a higher priced property but it does not mean the COC is good based on all that money down.
buy right or do not buy at all. we have discussed it ad infinitum here before.
LINK
1% is ok.
many places now are at just .7% and .8% terrible RTV.
make 1% the minimum. learn how to run numbers for COC and PCF.
you can get good cash flow from a higher priced property but it does not mean the COC is good based on all that money down.
buy right or do not buy at all. we have discussed it ad infinitum here before.
LINK
This post was edited on 3/20/23 at 1:23 pm
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