Updated over 9 years ago on . Most recent reply
Target Income Percentage
Guys,
After investing in stocks & ETFs for years, I've decided to make the plunge into real estate. (Woo!)
When it comes to renting, is there a good income % to shoot for, to make a property profitable? I've played with many scenarios, but I've found that a 20% annual income on the loan has poses reasonable returns. (Or so I think!)
I'd love some advice from my favorite BP pros! :)