What is a good cash flow
I hear on many podcasts that people wont entertain a property unless they can hit $250 of cashflow for the door. What do yall think and how do your properties cashflow
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While the $250 cash flow target gets thrown around a lot, it's important to remember that cash flow is all about the investor's strategy. Location can make a big difference - that $250 target might be fantastic in a pricier area, but unrealistic in another market. Are you looking for a long-term rental or a house hacking situation with short-term tenants? Your cash flow expectations will likely differ depending on your goals. Maybe steady cash flow is less important to you than the potential for appreciation. The key is to analyze each property on its own merits, considering factors like cash on cash return, appreciation potential, and how it aligns with your overall investment strategy.
I stopped listening to podcasts. It's the same stories rewritten and told in many different ways. Some times I think these podcasts have other agendas lol