What ROI are buy & hold investors seeking on SFH in Dallas, TX?

[Laura Hunt]

What kind of ROI are BRRRR or buy/hold investors seeking on SFH in Dallas proper?

On some of the BP webinars, I've heard between 8% and 15% being used, but I've also heard that it's very market-specific. My research into Dallas makes me think it may be closer to 8% there. I'm interested in what others are seeking.

[Andrew Postell]

@Laura Hunt there are several metrics that successful investors target here in the Dallas - Fort Worth and I might say that ROI is not a conclusive measurement. The metrics all seem to point towards homes that are $200k and under. And that's $200k for the ARV of the property. So using the 1% rental income rule (1% of your cost) is a common theme. Buying and Rehabbing at 75% or 80% of the ARV is another. But using the BRRRR method your cash on cash return is INFINITY many times. So if you get ALL of your money back...it's kind of hard to calculate a ROI if you had no costs that you put into the property. Now, admittedly, even if you are good at the BRRRR method then you are probably coming out of pocket a couple of grand...but then your ROI is something like 1500%. There's no right or wrong answer to this of course but that's what many people are targeting out there.