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Updated almost 6 years ago on . Most recent reply

Carl R.'s profile image
Carl R.'s profile image
Carl R.
  • Member since Jul 26, 2018
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Carl R.'s profile image
Carl R.'s profile image
Carl R.
  • Member since Jul 26, 2018
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Carl R.
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General Landlording & Rental Properties

Good ROI rates for rental property

Carl R.
Posted

I'm getting ready to buy my first investment rental property. Brandon Turner says he won't do a deal that doesn't yield at least 12% ROI. Does anyone have any thoughts on this and reasons or situations where you would accept less than 12% ROI on an investment rental property? For example, I'm 55 years old and have a successful optometry practice. I'm only looking at real estate investing as a way to supplement my retirement in 10 years as apposed to putting more money into a 401K.

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