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Updated about 7 years ago,
Financed Investment Property Returns
I am currently in the process of reviewing a few options for our first rental property purchase and I was wondering what a typical return looks like on financed investments? I have read that the basic rule of thumb is the 1% of the purchase price from a rental standpoint, and I would love to hear a little more about some of your tangible experience around your returns and cash flow on some of your properties. I am looking into out-of-state investing (shout to to David Greene) in markets suchs as Memphis, Jacksonville, and Indianapolis. Thanks and Happy holidays.