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Updated about 2 hours ago,
What is considered a good cash flow?
Hi all, I’m very new to anything real estate and I’m looking for a first deal. As I think most beginners are, I’m interested mostly in cash flow. I know that’s not the only reason to invest in real estate but simply put it’s what I’m mainly looking at and In the markets I am currently looking at, it look like regardless of str, mtr, and ltr, I’ll be cash flowing around 150-300 a month. I know I won’t actually be getting that right away because it should be going to savings for emergency funds for the property. Basically, simply looking at cash flow, is 150-300/mo a good cash flowing deal or should it be higher. Obviously some cash flow is better than none but is that amount worth the work to acquire, manage, etc. on the property?
I appreciate anybody’s thoughts and can explain more if need be!
Thanks everyone