Finding the Right Deal
I have used the BP calculator for several potential properties after listening to Brandon's webinars. After running numbers, it seems he's very unrealistic about his numbers. He states you shouldn't purchase a property unless it cash flows $200 per unit and has a cash on cash return of 12% of more. I can't find things that are remotely close to that as well as many, many of them are neg cash flow. I saw responses that talk about "rent to purchase price ratio". Not sure what a good number would be and a little confused as to remarks such as nothing as positive cash flow which is in direct contradiction to what Brandon purports for BP. Any feedback?
Debbie Dobbins