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Updated 5 months ago on . Most recent reply

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5
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Michael Horan
  • Investor
  • San Diego
1
Votes |
5
Posts

Mid South Home Buyers Reviews for turnkey rentals

Michael Horan
  • Investor
  • San Diego
Posted

Im considering buying a turnkey property from Mid-South Home Buyers. They have a good reputation from what I've seen but does anybody have a long-term track record with them in Memphis or Little Rock.

Appreciate any advice.

Most Popular Reply

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4,027
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Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,027
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5,054
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Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Michael Horan

I can confirm for you without knowing anything further that there is zero chance that a property like that will cash flow $508 a month.  are you misreading something?

run the numbers. PITI + property management + vacancy + capex + repairs. you'll be way over $1850 a month...

  • Nicholas L.
  • Loading replies...