All Forum Posts by: Jonathan Small

I am looking to possible pull the trigger on this deal.  I like this deal because it is close to my 4 other homes I own.  I am looking for cash flow and want help analyzing the deal below:

I am looking at a single family home this is valued around 305K.  It is an older home that has already had many updates. I estimate 4-7k to get it rent ready.  rent rates are 2100-2600.  I can get this property for 268k.  The seller is flexible with creative financing.  We only have one real estate agent involved.  The closing cost will be rolled into the financing.  The loan only requires 5% down at 3.45%.    I also have another loan where I can put down 25% and have a 2.35% rate.  The home is in an area that has about 4-6% appreciation.  Very good schools so it should be easier to rent out.  I am not sure if I really need a property management company.  I current manage all my current properties.  What are your thoughts?

can you send me the zoom link. i dont have facebook.  kind regards. 

If they have a 800 credit score that shows they are good about paying their debts.  I would definitely rent to this couple.  The greatest predictor of future behavior is past behavior.  Their past behavior shows they will pay their rent.

I like Suwanee area. I have invested and lived in the area for close to 10 years.  I recommend this area. good schools which generate good rent rates.  Feel free to connect with me.  Jonathan Small

I have lived and invested in this area close to 10 years. good schools. I would target this area.  Feel free to connect with me. Jonathan Small

Hey Yizhen, great job on this deal.  I like that you were able to get it at a great price.  The value you added gave you a huge profit margin.  Nice. I live in Suwanee. I like the area and plan on investing more in this area.