Price of First Couple Deals

Price of First Couple Deals

Bethlehem PA (bethlehem, pa) · Member since 2018 · 11 posts · 2 votes

What was the average price of the first deal or first couple deals that you did? Did you try to keep it low (under 100k-150k)? Just trying to see what others did when they were first starting, i'm aware it is different for everyone though.

0Reply
26 views

3 Replies

Jump to latestLatest
  • Rental Property Investor · St. Petersburg, FL · Member since 2017 · 3k+ posts · 4k+ votes
    8y
    @Anthony Marucci I focus on the BRRRR strategy so my number is base on rental income. I like the $1000 - $1800 rental range, so, in order to make that cash flow, my all in number would be from $90k up to about $140k. Any more than that and cash flow becomes a problem, and any less an the tenants become a problem
  • Bethlehem PA (bethlehem, pa) · Member since 2018 · 11 posts · 2 votes
    8y

    @Jason D. So with that range how much cash flow do you am for then?

  • Rental Property Investor · St. Petersburg, FL · Member since 2017 · 3k+ posts · 4k+ votes
    8y
    @Anthony Marucci after reserves and expenses, I'll cashflow between $200 and $300, but I'll also end up with 30% - 40% equity from the beginning
Join the conversationCreate a free account to reply, vote on answers and follow this thread.