Updated over 14 years ago on . Most recent reply
Question for Landlords
I am curious to know what do you consider as a good deal? What type of property a wholesaler would have to bring you for it to be a no brainer to buy the property. I know each market is different but like wholesalers I'm sure there is a formula when buying rental property.
Most Popular Reply
For me, it's a minimum $200 per month cash flow and minimum 20% cash-on-cash return. I also want to see that there is equity so that I could resell the property for a profit in the short-term if I decided to.