Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 5 months ago,
Reading Brandon Turner - Rental Property Investing
I am very new to RE investing and reading the above book. His first example "Plan" is to buy a fourplex. He assumes he puts down $16k and $4k for repairs. Total investment is $20k. He assume each unit produces $200 per month cash flow - $9600 per year. My simple question. How realistic is this? A 50% annual rate of return. A two year payback on a real estate investment. I am new and eager to learn. I understand it take effort to find great deals. However, before i get too far in here.. i want to know what i am missing. This seems like assumptions that are simply not feasible. Please help me understand. His entire math for this "Plan" only works due to the above dynamic.