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Updated over 7 years ago on . Most recent reply

Account Closed
  • Investor
  • San Francisco, CA
20
Votes |
41
Posts

Help me decide a deal

Account Closed
  • Investor
  • San Francisco, CA
Posted

Hi everyone,

I am in a situation where I think the numbers don't look very good. Please look at the picture and let me know which numbered property looks to be the most promising from all of these, if any of these at all...

Thanks in advance for whoever gives feedback!

(I have hidden some parts of the spreadsheet to keep provider info confidential... at least I tried to)

Most Popular Reply

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Linda S.
  • Investor
  • Richmond, VA
2,342
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Linda S.
  • Investor
  • Richmond, VA
Replied

@Account Closed,

If everything is essentially equal as far as returns, you gotta look at intangibles.   A house that brings in $15K is going to be different than $9.3K/yr.   Are you looking for turnkey, or rehabbing and getting equity?  I mean blindly looking at it, I'd say go for the highest return, but that doesn't factor in the business element.      If I were you, I'd get the $67K house,  , and then buy another $67K  house... but again-- it's all about business plans!          

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