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Updated about 3 years ago on . Most recent reply

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36
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Sparkle Carlock
  • New to Real Estate
  • Indianapolis, IN
28
Votes |
36
Posts

What's a "good Cash flow" range?

Sparkle Carlock
  • New to Real Estate
  • Indianapolis, IN
Posted

Hi BP.! 

I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a property for LTR. My question is: when trying to understand what type of property deal/numbers would benefit/profit, what is considered a profitable monthly cashflow opportunity?

I appreciated any advice from you! Just trying to gain as much understanding as possible before investing personal finances! 

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849
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830
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Simon Ashbaugh
  • Realtor
  • Columbus Ohio, Cleveland Ohio
830
Votes |
849
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Simon Ashbaugh
  • Realtor
  • Columbus Ohio, Cleveland Ohio
Replied

In a high appreciation market like Columbus id like to see $100/mo. Somewhere like Cleveland thats a high cashflow market, closer to $300-400/mo

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