Turnkey Property Selling Advice Needed

[Geoffrey Jones]

I have a few properties in Memphis, TN & Houston, TX that I have done all the repairs and even rented the units out at generous 10% + ROI. I am looking for anyone interested in Turnkey properties. What are some ways to find turnkey buyers. I am use to wholesaling and finding other investors who want deep discounts 60 - 70 % off ARV. But now that I have rented the units out, done all the repairs and put a property management in place where do I find these types of buyers who solely want to buy based on ROI? Also what kind of offering should I give. Please advise!

Here is one property that I have that's available

7922 Midland Forest Dr, Houston TX 77088

My Price is $120,000

It currently rents for $1300 Month
Taxes $2000 Year
Insurance $1800 Year
Property management $130 Month
HOA: $300 Year
Neighborhood B+

Here are the numbers using Biggerpockets Calculation

http://www.biggerpockets.com/buy_and_hold_results/...

Am I offering this at a great deal to a turnkey buyer?

[Waylon Themer]

@Randy E.Texas is a non-disclosure state so sites like zillow have a hard time getting sold comps in Texas. The realtors associations control the comps so you need to have enough rapport with someone who has access to sold MLS comps in Houston to get the real comps.

@Geoffrey Jones I am calculating about a 8% ROI on your deal before maintenance and vacancy. Your taxes look low as the tax rate in that neigborhood is 2.77. I think you need to be around $100k to be at 10% before maintenance and vacancy. Depending on condition the house is probably worth $115k based on the comps I've seen. It just might not be worth that to an investor.