I am wondering what you use to determine what is a good deal for you. I generally get clients looking for a 7% or greater cap rate, but then I get a few clients that only buy if they are achieving a 10%+ cash on cash. I also have a small group that keep it very simple and use the 1% rule. For you that may not know that is 1% of the total cost of the properties monthly rental income (example $100,000 home renting for $1,000). What do you use and why?
I do agree cash is always the best method. Investors like you David are rare, but also amazing to work with.
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