3 ms·

As we are just getting started, we look for at least 11%, and will move that higher as we get more experience (and more patience :)). Property management in bo

As we are just getting started, we look for at least 11%, and will move that higher as we get more experience (and more patience :)). Property management in both locations is about 10% of Gross rents. One company also charges half of the first month's rent to cover turning, advertising costs.

markyc 11y ago
11% sounds out of reach in the EU
brc 11y ago
I have friends who are long established investors. They won't buy unless there is an expected 20% return either in yield or flip. They are mostly retired now and don't buy much anymore.