Updated over 9 years ago on . Most recent reply
REALISTIC EXPECTATIONS
Hi Everyone,
I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the stock market seems more speculation/appreciation based.
Question is, what is a realistic expectation for CASH on CASH % return? Keep in mind I would like to keep the investment as passive as possible so would be using a property manager.
Any thoughts, advice, ideas for best bang for my buck, places to look etc is much appreciated.
Thanks,
Scott
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#1 Personal Finance Contributor
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#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
Gotcha @Scott Rudd.
A couple known and seemingly trustworthy turnkey providers on here: Toledo, OH - @engelo rumero of Ohio Cashflow or @Angela Harding. Memphis - Curt Davis or Mr. Clothier, @Marco Santarelli finds them all over. Check his and other's posts in the martketplace.
Just a few. As a DIY, backyard investor I am hardly the authority on turkey investing :) My net COC estimates in the 7's still stand, especially if buying low priced homes with cash. Good luck!