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Updated over 2 years ago on . Most recent reply

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5
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7
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Hunter Bentz
  • New to Real Estate
  • Colorado Springs
7
Votes |
5
Posts

Cashflow by Any Means Necessary

Hunter Bentz
  • New to Real Estate
  • Colorado Springs
Posted

I've posted a couple of times in the forums and I have already learned a load of new and useful information. I am once again asking for the wisdom of the BP community. My question is: 

if my goal is to generate cash flow in the short term, would it be effective to have a large portfolio of cash flow properties? Regardless of ROI, cash on cash, and other micro metrics used to determine deal viability. Then, reinvest and diversify down the line to create a more secure structure of cash flow after I've achieved my initial goal to general financial freedom by any means necessary.

The cash flow numbers would be ideally around 150-300 per door with roughly 20-30+ doors. Again, regardless of ROI and cash on cash, etc... Keep in mind, I wouldn't be investing if the ROI or cash on cash was atrocious, just if it were not ideal or below desirable.

I wasn't sure were exactly to post this so I picked BRRRR because it'd be the most likely method I use to obtain rentals. Any feedback would be appreciated and as always I look forward to seeing whatever collective wisdom there is to be shared.

Most Popular Reply

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1,263
Posts
935
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Conner Olsen
  • Real Estate Agent
  • Austin, TX
935
Votes |
1,263
Posts
Conner Olsen
  • Real Estate Agent
  • Austin, TX
Replied
Quote from @John Hernandez:

@Conner Olsen

Just a question so I can understand: how would define STR vs MTR vs LTR?


STR - Furnished property rented for less than 30 consecutive days to the same guest
MTR - Furnished property rented for more than 30 consecutive days to the same guest
LTR - Unfurnished property rented for 6 months or more (typically 1 year long lease)

  • Conner Olsen
  • [email protected]
  • 702-521-0034
  • Loading replies...