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Updated over 7 years ago on . Most recent reply

User Stats

60
Posts
5
Votes
Mike Jordan
  • Los Angeles, CA
5
Votes |
60
Posts

High net yield over 8%

Mike Jordan
  • Los Angeles, CA
Posted

hi

I am looking to buy a property with high net yield/cap/ROI, my budget is around200 k USD.i am afraid is fraud, I need professional help to verify the property before the contract, I am looking forward in Liverpool and Orlando.

These are my questions 

1 Is it possible to find a property with high net income over 9%

2 where can I find professional help e.g real estate advisor to verify the property real cost and income

3 what is the best kind of property to have this goal, budget hotel, multifamily?

4 where can I find statics related to these data

5 any further advice?

Regards

Most Popular Reply

User Stats

3,970
Posts
2,919
Votes
Matt K.
  • Walnut Creek, CA
2,919
Votes |
3,970
Posts
Matt K.
  • Walnut Creek, CA
Replied

Don't do this, don't buy at the bottom of asset class and try to manage it remotely. Don't do it locally either if you lack experience. YOU WILL GET BURNED. Understand your goal and find a property that can get you there... Chasing a paper return won't translate to real life success.

Just look at all the Morris invest threads if you need "proof".

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