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Updated about 12 years ago on . Most recent reply

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788
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284
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Bryan H.
  • Investor
  • Willow Spring, NC
284
Votes |
788
Posts

What is a 'deal' to you? What returns do you want/get?

Bryan H.
  • Investor
  • Willow Spring, NC
Posted

I was reading a response on another topic and the comment was " that's a 42% return on investment. That's not a terrible ROI."

I thought to myself, 42% isn't terrible? I'm getting 20-25% ROI on my rentals and I thought I was doing good. I've only been at this for a year now and thought I was doing quite well.

Are you really getting returns >40% on rentals? What is your target ROI you look for when making purchases?

Most Popular Reply

User Stats

167
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44
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Emily Dixon
  • Virtual Assistant
  • Anaheim, CA
44
Votes |
167
Posts
Emily Dixon
  • Virtual Assistant
  • Anaheim, CA
Replied

It is very very variable especially when dealing with different locales. One mans trash is another mans treasure.

I think it is more important to ask yourself- Is this acceptable to me for the amount of effort and energy I have to put into it? Does it balance out"? Does it fit with my goals?

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