What ROI do Buyers Want on Buy and Hold Rentals
Hi BP family,
I'm getting properties both on and off market, and many of them rentals. I know how to calculate for flips, but what ROI do buyers look for on buy and holds rentals? What cap rate, C.O.C., etc? When calculating your offers, do you include margins for a rehab?
I want to provide more accurate numbers because I know the market is shifting from flips to more buy and holds.
Thanks all!