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Updated about 6 years ago,
Is it more about Quality or Quantity? - Real Estate Investing
Hi everyone! I'm a newbie and excited to start my real estate journey. My goal for real estate investing is purely cash flow.
I'm looking to purchase my first rental property in 2019 and was wondering if I should focus on purchasing many properties that bring me a below average cash flow or buying few properties that give me a GOOD cash flow.
I plan to buy 1 GOOD property per year but was wondering if I should focus on buying fair properties that bring an below-average cash flow. (My goal is to get at least $500 a month cash-flow on a good property, is this realistic? What are your goals for cash-flow properties?)
Thanks in advance for your responses!