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12
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1
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David Levy
  • Fair Lawn, NJ
1
Votes |
12
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Brandon is happy with $300/mo profit. What's your Minimum to buy?

David Levy
  • Fair Lawn, NJ
Posted Jul 23 2016, 19:46

Hi all,

Market is very expensive in my area and most properties if rented would barely cover mortgage payments, however, my friend, few years ago was buying Studios in co-ops that allowed to rent out and she's making around $800/mo on each one of those rentals.

After reading the book, I think Brandon was saying that he's happy to make $300/mo on a property.

So, for you, what is the minimum you need to make per month to consider buying a rental property?

Thank you.

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