Updated over 9 years ago on . Most recent reply
Invest $50k in one or two properties?
So I am doing my analysis on my first rental property. I am considering a 130k property and putting down $50k. When you run the numbers, the return cash on cash is around 9%. Brandon said in his last webinar that he doesn't want anything less than 12%. So would you say that this isn't a good investment or that I am putting too much cash on one property? Maybe I should split the cash and buy two properties? Then my return % would be higher? Thoughts??