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Updated almost 6 years ago,
Multi-Family Portfolio Opportunities - Texas
Hello -
I also wholesale properties in Texas and we have partnerships with investors who contact us to help them liquidate their rental portfolios (SFH and multi-family) which are non-performing / underperforming and they don't have either the means, desire or time to manage them. A few of these portfolios would equate to a 11-17% Cap Rate based on current agreed upon rental rates. Additionally, some are below area rental rates and investor is paying utilities so cap rates could and should increase. Needless to say, it would need an investor willing to clean up the issues (cash for keys, etc.).
If anyone is interested in reviewing these properties as they come our way, please either respond here or message me. I would love to connect with you and see how we can help you build your rental portfolio in Texas.
Thank you!