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Updated about 9 years ago,
What Is Considered Acceptable Cash Flow When Purchasing Turnkey
So lately I have seen other BP members posting about potential turnkey deals they are considering and they will at times show what the numbers look like and then basically ask for others opinions on whether its a good deal or not. In most cases its usually one of several habitual posters who reply when the turnkey subject comes up and it always seems as though they are steering posters to contact them so they can refer them to another company for referral fees. Usually they post how the numbers do not look that good and they can get better in another market.
I guess what I am looking for are what do people consider acceptable cash flow for a person buying from a turnkey company assuming they are doing conventional 20% down payment. I know it all depends on what people factor in for vacancy, repairs and even capex. I would like to hear what others think. If you simply look at gross cash flow give that number, also give the cash flow amount if you factor in vacancy/repairs/capex also.
Thanks
- Curt Davis