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Updated almost 14 years ago on . Most recent reply

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140
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14
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NA Beauvais
  • Specialist
  • Jacksonville, FL
14
Votes |
140
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Question for Landlords

NA Beauvais
  • Specialist
  • Jacksonville, FL
Posted

I am curious to know what do you consider as a good deal? What type of property a wholesaler would have to bring you for it to be a no brainer to buy the property. I know each market is different but like wholesalers I'm sure there is a formula when buying rental property.

Most Popular Reply

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17,995
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17,199
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J Scott
  • Investor
  • Sarasota, FL
17,199
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17,995
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

For me, it's a minimum $200 per month cash flow and minimum 20% cash-on-cash return. I also want to see that there is equity so that I could resell the property for a profit in the short-term if I decided to.

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