Realistic Returns.. Real numbers

[Ben Winchester]

Hey BP peeps, I have an extremely broad question because I'm looking for some broad-ish answers. I want to know some realistic returns some of you aim for and get. Im talking after expense goals, before expense goals, basically how ever you set your criteria for analyzing returns. I specifically am looking to hear from Buy and hold investors in the Oregon area (yes I know that's a state haha). Portland, Gresham, Fairview, troutdale, Beaverton, Clackamas, etc. but I'm curious about all places. If you are not from Oregon, I would still love to know what your goals are and what you end up actually achieving. (Yes I know every market allows for different available goals) 1) what's your bottom $$ amount you will accept per month, before scratching the thought and moving on? 2) are you able to achieve that amount on a consistent bases? Do you end up making less or more usually? 3) what state/ city do you invest in? 4) Single family, multi-family (if so, how many units), commercial? Mixed use? Anything else? 5) what criteria do you use for analyzing returns? Monthly or yearly bases? Per door or per building? Feel free to add anything else! I am truly just looking to learn about what other people do when they analyze deals. I'm sure there are similarities, but I'm hoping to find some difference in opinion and why someone may do it different. Thanks for any input!

[Jeff Wallenius]

@Ben Winchester I have a few rentals here locally. Vancouver and Dallas, Oregon are the two cities I hold rentals in. As far as numbers, I want to make a 15% cash on cash return on my rentals. I rehab houses and with doing the BRRRR method the 15% is very easily hit and most of the times it's much much higher. If your a buy and hold investor it's difficult to cash flow anything in this area as prices are absurd. Your best bet is to look in the outlying areas, and that's why I own houses in Dallas Oregon. Outside of that I invest in several different markets across the nation primarily Indianapolis, Oklahoma City, Kansas City, Philadelphia and Eastern PA, Toledo, Orlando, Jackson MS and Alabama to name a few. Education is key, so you know how to analyze rentals, flips, etc.