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Updated almost 2 years ago on . Most recent reply
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What's a "good Cash flow" range?
Hi BP.!
I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a property for LTR. My question is: when trying to understand what type of property deal/numbers would benefit/profit, what is considered a profitable monthly cashflow opportunity?
I appreciated any advice from you! Just trying to gain as much understanding as possible before investing personal finances!
Most Popular Reply
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In a high appreciation market like Columbus id like to see $100/mo. Somewhere like Cleveland thats a high cashflow market, closer to $300-400/mo