All Forum Posts by: Helen Bollinger

Gorgeous NEW CONSTRUCTION turnkey rental with tenant and property management in place!!

You don't need to worry about anything breaking or needing replaced because this rental is BRAND NEW... not even a rehab, it's new construction! Tenants are in place and so is the property management, just get your check every month for doing nothing at all!  This is a great opportunity for investors living in more expensive cities and states.

Current rent is $1,200/month for annual gross rents of $14,400!

Property Taxes = $2775.23 annually ; Insurance = $60/month ; Property management fee (8%) = $96/month

**FINANCING AVAILABLE**

Call Helen at 888-387-3262 or [email protected]

Pictures are located here:

http://p.reiblackbook.com/p2/photos/122182

It's all good Ron Mcleon 😀 I have keywords set up and your post popped up with Pittsburgh. Hopefully we can make a deal and I can help guide you through your first buy n hold.

Ron Mcleon as the wholesaler of the property, I sent you an email answering your questions. The price to fix the necessary items is $1,500. If you wanted to do paint and carpet beyond that, up to you, would be more. I'm not keeping it because my property management employee has my 51 units all in one neighborhood, which is 45 minutes from this property. Just because it's being wholesaled by an investor that has units, doesn't make it a bad buy. It just doesn't fit my existing portfolio because it's too far from my support at this time. Many investors wholesale properties that don't fit their portfolio but it can fit someone else's.

Hi @Jacob Felder - yes it's still available.

Quick update on this listing, I have had a few questions about repairs so I wanted to give an explanation.  The $1,500 in repairs would be for a new hot water tank, repair some tiles that fell off kitchen wall and ceiling, and if you would like to, drylock basement as a portion under the porch gets damp from time to time.  New carpeting and paint would be beyond the $1,500, however, if you did more of a rehab, I'm confident that you could get $850-$900 rent/month if the house looked prettier inside.

@Ntiense InokonI emailed you the link.  For others, the pictures are located here:

http://p.reiblackbook.com/117903  Thank you! :)

Hi Jonathan - it's still available! Call me at 724-916-5005 or e-mail me at [email protected]  Thanks!

Welcome! I'm an investor in Pittsburgh with 51 units, flip houses, and I wholesale. Happy to answer any questions you have. I just posted a listing, too, so you can see how I post mine if that might help you at all? Be sure to check out our Pittsburgh REIA meetings on the 3rd Tuesday of every month as well. Great for networking and education! Good luck!

Find a landlord who wants to retire and will do owner financing with chunks of their properties.  This is what we did with our first 49.  We were on a bit higher income than that, so were purchasing more, but you can apply the same equation at a lesser rate to any income.  Good luck!

Click here for pictures & more info:  http://p.reiblackbook.com/117903

Rent ready SFH for $29,900 -- Cap Rate: 23%

This cared for brick home is rent ready and a great investment at 23% cap rate (including insurance, taxes, maintenance, vacancy, etc.). Will rent at $800 easily, possibly more because of the finished attic and 1 car garage. ARV: $83,000

4 bedroom 1 bath home with finished attic as a bonus room or possible 5th bedroom. 1 car detached garage! Large family room, dining room, and kitchen. Updated appliances in the kitchen and the bathroom is updated as well! Security system is already in place for your tenants! Large porch and backyard. Basement already has washer, dryer, freezer, fridge, and Pittsburgh toilet.

This property is in a good location in McKeesport. You can see the brand new Cornell Intermediate School from the porch. The street is quiet, bus stop is at the bottom of the hill, and Shop 'n Save grocery store is .5 mile away.

Only $1,500 in quick repairs and your tenant can move in!

Call 724-916-5005 or email [email protected]