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All Forum Posts by: Demetrius Mathis

Demetrius Mathis has started 7 posts and replied 18 times.

Post: Build To Rent Insight

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

@Steve Olson I’m looking into doing that here in the Jackson Mississippi market . Would love some insight

@Jay Hinrichs You nailed it on the head. PM can make you or break you in this market. Finding a good one for the inner Jackson metro area has been a challenge.It would be great if you would start one here as there is a big need.

Post: Cashflowing Triplex Property

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

This is a triplex that has tenants paying $1600 total. Owner pays water for each unit which averages $50/month

Disclaimer:
Rental Property Hunters LLC has option contract and equitable interest

Post: Ready to go Cashflow Rental Only $40,000

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

Nice 3 bedroom 2 bath property in Woodville Heights Subdivision in Jackson. Nice area. Bonus room. Nice fenced in back yard. Ready to rent. Will command around $850 per month, Property manager will place tenants.

Size 1876 Sq feet

Built 1962

Taxes $1463/year

Insurance $600 to $800 per year

Property value around $60,000

Wholesale Price $40,000

Photos

https://www.dropbox.com/sh/hmywfdso3sejyri/AAATonQ3PKsjaUll4FuXb8kEa?dl=0

Post: 21% ROI Cashflow Property Jackson,Miss

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

are you interested?

Post: 21% ROI Cashflow Property Jackson,Miss

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

Please click on the Dropbox Link for photos

Post: North Jackson Mississippi Cashflow Property

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

748 E Northside Dr

This large brick home has 4 bedrooms 2 full baths and den. It is currently rented for $900/month. Big corner lot in North Jackson area. Nice street. Desirable rental area.

Size over 1700 sq feet

Built 1950

Property Management fee $65/mo

Taxes $1979/year

Insurance $700 to $800 per year

Property value around 80k

Wholesale price $55,000

https://www.dropbox.com/sh/wy3wi525xnn1aok/AABmiU1jUdy6F6ciWJGp4Zg0a?dl=0

Post: 21% ROI Cashflow Property Jackson,Miss

Demetrius MathisPosted
  • Wholesaler
  • Jackson, MS
  • Posts 21
  • Votes 2

3909 Ilano Dr

This property is located in Jackson , Mississippi. It has 4 bedrooms 1 bath. Completely rehabbed. Will command up to $900/month .Definitely $825. We recommend Section 8 or HUD tenant for market rents and consistent payments. The property manager will make arrangements to screen and place tenants on investors behalf.

Square footage 1182 sq feet

Built 1950

Property taxes $652 per year

Insurance estimated $700/year

Property management fee $65/mo

Property Value estimated $44,000

Wholesale price $29,000

https://www.dropbox.com/sh/qzaa1jhy9d29uwx/AABBBBgGmi6_i4Ysd54J_X6za?dl=0