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All Forum Posts by: Rex Pena

Rex Pena has started 2 posts and replied 9 times.

Post: Williston, North Dakota

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Thankyou all for your input.........
I enquired further and was infomed that a some european company is selling pre-fabricated blocks of 20 units manufactured by a local company for a price of 45000 dollars per unit....inclusive of closing costs and finders fee......
...its also an arm chair investment....
Let me know your thoughts....

Post: Williston, North Dakota

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

I need your thoughts on this one........

Its come to my notice that curently there is a black gold rush in Williston, North Dakota and that the Bakken Formation Project is all over the US news...
Companies are rushing there to create units for the thousands of workers who are in desperate need of housing.

My concerns are..............does it make sense to invest in these units?
What is the future of this black gold rush?
Does anyone know of these developments?

Thanks.....

Post: Memphis turn key Properties

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Thanks guys......will Pm you.

Post: New to Site - Looking for decent areas in & arnd Memphis

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Am looking for cash flow from turn key properties in decent neighbourhoods....what's your advice?
How bad is 38127?A

Post: Memphis turn key Properties

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Hi Phillip. .....where would I find these Memphis investors? Are you one of them?
What's your experience with Memphis properties?

Rex

Post: Memphis turn key Properties

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Hi Curt,
Many thanks for the quick revert....
I got the point about cheap investments.
What is our personal opinion about the zipcode 38127?
Thanks

Post: New to Site - Looking for decent areas in & arnd Memphis

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Hi guys.....am new here.......and to continue this thread..........I've the following questions....
Is the zipcode 38127 in Memphis, TN a war zone area or a decent place for rentals?
What prices should I expect for houses and rents there?

Thanks,
Rex

Post: Memphis turn key Properties

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

Thanks Jon

Post: Memphis turn key Properties

Rex PenaPosted
  • Real Estate Investor
  • Frankfurt, hessen
  • Posts 9
  • Votes 0

A big Hi to everyone........its my first day here.........and have got my first questions..............am looking to invest in turnkey properties in MemphisMemphis. What are the best areas(zipcodes) for good cash flows? What rental income could I acquire for properties below 30000$ ?
Thanks
Rex