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Updated over 5 years ago,
Cash Flow Goals For Multifamily Investing
Hello, I am new to Biggerpockets and just started looking into REI. I am currently trying to consume as much information as I can get my hands onto. I am planning on house hacking my way into REI and plan on purchasing a multifamily home in 12-15 months as I continue to save and learn.
The question that I have is in regards to cash flow goals: For those investing in multifamily homes, what number are you looking for, per unit, to justify considering that property? I am planning on looking for homes in the South Shore, particularly Bristol and Plymouth counties.
Thanks in advance for any feedback!