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Updated about 2 years ago on . Most recent reply

User Stats

10
Posts
5
Votes
Rick Klopfer
5
Votes |
10
Posts

Does any one dealt with or invested with The Realty-Doctors

Rick Klopfer
Posted

Looking for feedback on this investment vehicle for out of state investing?

Most Popular Reply

User Stats

7
Posts
4
Votes
Dan Rice
  • Investor
  • Queensbury, NY
4
Votes |
7
Posts
Dan Rice
  • Investor
  • Queensbury, NY
Replied

I just wanted to keep everyone updated with my Realty Doctors turnkey purchase. I closed on 3/31/21 and they have placed a tenant who moved in on 4/29/21. The building inspection went well and there were only minor cosmetic issues that needed to be addressed. I did a 30 yr mortgage and my monthly payment is about 850 and rent is 1450, so $600 gross/month. Prop management fee of 10% means im around $450 gross/month. Overall I'm satisfied with the experience so far. I'll update as we move forward. 

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