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Updated about 9 years ago on . Most recent reply

User Stats

258
Posts
177
Votes
Kay Kay Singh
  • Rental Property Investor
  • Fort Wayne, IN
177
Votes |
258
Posts

Finding real good deals

Kay Kay Singh
  • Rental Property Investor
  • Fort Wayne, IN
Posted
Last June at our church a really old person walks to me and asked if I would be interested in buying his 35 rental properties , they were all single houses , I had never thought of rental business since I had been in gas station business for the last 15 years. I told him that that I have a friend in Indy who does this , I can ask him he wants to buy your houses but he said that I want to sell them to you and he offered me a real good deal , I could not refuse and I ended up buying all his properties in about a month. I very good price , a very good cash flow and a very good condition . I started managing them myself and in the beginning I honestly did not like what I started doing but now slowly I started liking it . Now I have a team of maintenance guys, plumbers and have a lot of pending application and I started looking for more properties but now I want to rehab and flip but unfortunately I can not find any good deal . I have tried auction.com, Hud homes and also the local sheriff sale but I could not find a single house which I could say is a deal and now I need your help to find a deal, how do I do it and that seller has no more properties left. Please show me the way to find really good deals.

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