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Updated about 5 years ago,

User Stats

42
Posts
2
Votes
Dena Zeid
  • Long island, NY
2
Votes |
42
Posts

Brrrr or rental properties

Dena Zeid
  • Long island, NY
Posted

How in the world do you find a good investment property.  Whether it's a flip, rental or brrr. I've been wanting to to invest in real estate for years but can't seem to find not one good deal in Jacksonville FL!  I was looking at a foreclosure just now, listed for 180k, market value after repairs 230k.  Probably needs 15k to fix. Rental income is modestly 1200.  I ran the numbers on the BP calculator and I was negative cash flow!

this is very frustrating.  Everyone makes it seem easy, but it's near impossible to find a good deal. At least for me.  

please help!

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