Percentage of profit on a rental property....
On a buy and hold investment strategy, what percentage of positive cash flow/profit do you look for on any given deal? Taking the gross rents received on any given property and then deducting your expenses associated with that property, (cost of any financing, real estate taxes, insurance, maintenance), what is considered a good percentage to have. What would be a minimum percentage?
Originally posted by Mark H.:
If $300/month in income *net* doesn't excite you, I'm not sure what would, besides these big piles of cash you're collecting from wholesaling.
What do you do with the $5k-$25k per deal?, stuff it in a mattress?
Eventually that money is getting parked somewhere...
A variety of things but mainly I fund other investors deals and invest in commercial properties.