All Forum Posts by: Tyler Thrush

wheatie whats the 50 percent rule?

Property 3 comps around 130k

Property 2 comps around 135k

Property 1 comps around 145k

1. ARV wouldnt apply as they are new construction and are in good rental condition

2. correct , they are not my properties to market i am looking for someone who would be interested in partnering up or I could wholesale them. The reason for my post was to see if more experienced investors had some ideas that I would not have as far s being able to do the deal on my own.

Property 1
List Price 164k
Rent 1400
Purhase for 100k

Property 2
list 154k
rent 1300
Purchase for 100k

Property 3
list 175k
rent 1500
purchase for 100k

taxes are 3% property management at 6%

Hello!

I have a few properties (3) in texas that I have come accress that were built by the same builder who is now trying to get rid of them at around 75 percent of their value. I had my realtor and property manager help me out with the numbers and it looks like cash flow will be around 600 per property after all expenses are paid. The problem is i have less than stellar credit and no cash to put down! I know I could wholesale them but dont really ahve any contacts in the wholesaling arena so iwant to get an idea as to what my other options are.

orange county has the orange county real estate investors forum at the doubletree in irvine

I know that he is on the get real podcast a lot and they seem to love him. hope that helps

does anyone have a REAL review for his credit line poduct?

Hello!

I have a few properties (3) in texas that I have come accress that were built by the same builder who is now trying to get rid of them at around 75 percent of their value. I had my realtor and property manager help me out with the numbers and it looks like cash flow will be around 600 per property after all expenses are paid. The problem is i have less than stellar credit and no cash to put down! I know I could wholesale them but dont really ahve any contacts in the wholesaling arena so iwant to get an idea as to what my other options are.

thanks for the help hopefully i can use this for some deals alogn the way!