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Updated over 2 years ago on . Most recent reply

Chad Walsworth's profile image
Chad Walsworth's profile image
Chad Walsworth
  • Wholesaler
  • from Covington, Texas
  • Member since Oct 8, 2012
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13
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Chad Walsworth's profile image
Chad Walsworth's profile image
Chad Walsworth
  • Wholesaler
  • from Covington, Texas
  • Member since Oct 8, 2012
Connect
Chad Walsworth
  • Wholesaler
  • Covington, TX
6
Votes |
13
Posts
Multi-Family and Apartment Investing

6 unit multi family in Texas

Chad Walsworth
  • Wholesaler
  • Covington, TX
Posted

My background is in single family.  I am looking at a 6 unit complex that needs no rehab built in 2004....The gross rents for the property is 41,800.....

Taxes 3800 year

Insurance 2000 year

purchase price 257k

I could raise the rents without an issue to bump up gross rents to 47k.......Any advice on this deal would be helpful

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Kevin S. Campbell's profile image
Kevin S. Campbell's profile image
Kevin S. Campbell
  • Investor
  • from Fresno, California
  • Member since Jul 2, 2017
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Kevin S. Campbell's profile image
Kevin S. Campbell's profile image
Kevin S. Campbell
  • Investor
  • from Fresno, California
  • Member since Jul 2, 2017
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Kevin S. Campbell
  • Investor
  • Fresno, CA
7
Votes |
19
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Kevin S. Campbell
  • Investor
  • Fresno, CA
Replied

Greetings Chad,

Please check out a cash flow analysis.  This site is teaching it at 

How to Analyze Rental Properties for Maximum Cash Flow

12

Wednesday,July 12

4:00pm - 5:00pm PDT

Happy real estate buying.

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