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Updated over 5 years ago on . Most recent reply

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Tom Sanquist
  • Investor
  • Albany, MN
3
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What is considered great ROI on single family rental property

Tom Sanquist
  • Investor
  • Albany, MN
Posted

I'm selling 4 of my rental properties as turn key investments. What ROI would make investors very interested?

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Steve Rozenberg
  • Specialist
  • Houston, TX
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Steve Rozenberg
  • Specialist
  • Houston, TX
Replied

I think that can be a very tough question to answer. It would first depend on the area. For example Los Angeles will have a much different set of numbers then Dayton Oh. Not that one is better then the other but they are different. It would really depend on the investor and what their goals are. I think you would want to make sure that they are in line with what the rest of the market is doing in that area. You dont want to be an outlier at the top or bottom. Also it probably depends on the cycle time of year for that area. If you are planning to sell in winter and that is an area that slows down then you do not want to sell it based on summer numbers. 

Wish I could give a better answer, but unfortunately the answer is.. It depends on many variables 

  • Steve Rozenberg
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