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Updated almost 2 years ago on . Most recent reply
Finding property that cash flows right now
Hi, I am just getting started analyzing multi family property in KY - mostly what I can find on Zillow and MLS. Have been under contract on 3 but inspections brought back too much risk for what I was ready to take on.
How are people finding and putting together deals that actually cash flow in the current market? Almost every property I analyze the numbers just do not make sense and sellers are not budging on price.
Most Popular Reply
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First question - are you connected with an investor friendly real estate agent? They should be able to help you with both on and OFF market opportunities.
In my experience, most investors are not landing "killer" deals right now but they know the market isn't going to slow down anytime soon, and when the interest rates cool down it will be even more competitive of a market. So you may have to consider sacrificing in one of your buy boxes!
What markets are you looking to buy in? Kansas City is really strong and I can connect you with investor friendly agents in other markets as well! Happy to help in whatever capacity needed.