REI153: 1300 Units in 21 Months w/ Sultan of Storage
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How Long Does It Take for a Property to Obtain a Cash-on-Cash Return?
I'm typically shooting for about six months to stabilize. I want to be north of one and a half X, more comfortable with a 2X debt service coverage ratio. If they aren't, if there's months of negative cash flow, I've set aside enough reserves to cover that early on. It's pretty rare that a property will negatively cash flow even early on. My dad went bankrupt when I was three years old. He had a very different approach than me. He was looking to get rich quick with the sale, with the development of his first property. Built it in the late 80s, market crashed in Denver where he was at the time. The value-ad plan is
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