Where are you buying, how much, and what is you CoC return?

[Douglas Gratz]

Hello friends! I’d like to start a discussion on where people are buying, how much they are spending , and what are their CoC returns? I don’t see many topics that discuss this so I figured I would start it. I was hoping to see what other investors are doing and compare it to my market it PA. Maybe help people see what markets may be good to invest in. So everyone, would you mind sharing some of your investments. Where are you currently buying, why are you buying there, and what returns are you seeing? Can’t wait to hear back, thanks!

[Douglas Gratz]

To start , I currently buy in Norristown PA . I chose this area due to high CoC returns relative to purchase price . Usually I try to buy duplex’s and up and so far have acquired two singles and one duplex. Each cost me under 90k after rehab costs. So I try to spend less than 100k per property. My rents and cash flow are as follows: 1. Duplex 87k, 1bed/1bath $950 rent, 3bed/1batb $1250 rent. After all expenses my cash flow is 600/month 2. Single 90k 2500sqft 5bed/1batb $1450 rent with $300 cash flow 3. Single 85k 1700 sqft 3bed/1batb $1350 rent with 200-300cashflow