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Updated almost 7 years ago on . Most recent reply

User Stats

788
Posts
640
Votes
Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
640
Votes |
788
Posts

$1.2 million 10 plex generating $6,850/month - REALLY!!!!

Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
Posted

Just received a great deal across my desk......lol.  10 plex in DFW for $1.2 million and generating a meager $6,850/month in rents.  Are people really paying these prices?  If so I have 30 SFRs for $7 million.

Most Popular Reply

User Stats

788
Posts
640
Votes
Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
640
Votes |
788
Posts
Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
Replied

@Nick B. Actually in Plano so I can see an appreciation play on this one but I personally don't speculate on my investments and only buy for cash flow.

@Caleb Heimsoth I just picked up a small SFR outside of DFW for $15K. After $15K of rehab I can rent for $700 which makes more sense to me. There are still deals out there but anything less that a 1%er is not for me.

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