All Forum Posts by: Pat Smith

What unique things does everyone look for when selecting an out of stat market to invest in?

I am talking beyond the obvious factors and numbers that should be ran (inventory, job market, market trends, etc.)

There are many markets out there with good deals to be found so how to you decide which to settle on?

Also, do you stick to that one market or maybe invest in a region and look at multiple markets for that great deal?

Which would you rather sacrifice in your numbers? Cash flow or cash on cash return?

i.e. Your goal is to have a minimum of $200 cash flow per door and a minimum of 12% cash on cash return

It is possible to have above 12% cash on cash return but not meet that cash flow benchmark. Would you be willing to sacrifice some cash flow for a better than 12% cash on cash return?