All Forum Posts by: Sean Daves

The property is a duplex each unit is 1 bed 1 bath, was recently renovated. Both units are recently rented at $395/month.  Sounds like turnkey but nothing about it being rented or cash flow in the listing.  Its listed for 25k.  Taxes are $417/year.  And buyer willing to pay 2k towards closing.  What other information do I need to analyze this deal.  

In your experience how often do you see properties sell for 50x the rent?

I'm trying to find the areas in my county were homes are being bought with cash.  What should I search for on the register of deeds website to find recent cash deals?

Thanks in advance.

Please be more specific and thank you for the encouraging words.

Train me to find deals for you.

Need to save up.

Hello, my name is Sean from High Point, NC. I became a landlord by default 6 years ago. I'm 10+ years away from buying more real estate. In the mean time I'll learn as much as I can.