What is better - AirBNB property at $ 1,000 or $ 5,000?…
What is Better - AirBNB Asset at 50 $ 1,000 or $ 5,000?
Interesting podcast I heard today.
The most important parameters according to the podcast:
1 Cash Flow
2. Cash on Cash
So the conclusion is that in the cheap property, the operating and preparation costs of the property will be the same as the expensive property, and while our Cash on Cash will be excellent, the Cash Flow will be very low - only one hundred or two hundred dollars per month.
In short, the property of the 500 won a thousand. The moderator of the podcast recommends not to go for assets after all expenses do not put at least 1000 a clean dollar and at least 12 percentage of cash on cash.
Of course there are prices in the middle between 50 and 500 so I was going to something in this medium.
what do you think?
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Should not the question be formulated as such? What is the best ten properties of 50 or one of 500? Is the 500 winning too?