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Updated over 8 years ago on . Most recent reply

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Scott Rudd
  • Brooklyn, NY
7
Votes |
22
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REALISTIC EXPECTATIONS

Scott Rudd
  • Brooklyn, NY
Posted

Hi Everyone,

I'm new on here and trying to learn as much as possible.   I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the stock market seems more speculation/appreciation based.

Question is, what is a realistic expectation for CASH on CASH % return?  Keep in mind I would like to keep the investment as passive as possible so would be using a property manager.

Any thoughts, advice, ideas for best bang for my buck, places to look etc is much appreciated.

Thanks,

Scott

Most Popular Reply

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10,252
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,111
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10,252
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

Gotcha @Scott Rudd.  

A couple known and seemingly trustworthy turnkey providers on here: Toledo, OH - @engelo rumero of Ohio Cashflow or @Angela Harding.  Memphis - Curt Davis or Mr. Clothier,  @Marco Santarelli finds them all over.  Check his and other's posts in the martketplace.

Just a few. As a DIY, backyard investor I am hardly the authority on turkey investing :) My net COC estimates in the 7's still stand, especially if buying low priced homes with cash. Good luck!

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