All Forum Posts by: William Cannon

@Aaron Belt thanks for the welcome. Any answers for me on the geos?

I’m looking at multi family properties in a number of states under $500k but so far nothing cash flows with 30% down ($150k) when I factor in vacancy, capex, maintenance, debt service, etc.

Does anyone know of any geo areas that I should look at that produce positive cash flow with 30% down? Looking ideally at B or better areas.

William

I’m looking at multi family properties in a number of states under $500k but so far nothing cash flows with 30% down ($150k) when I factor in vacancy, capex, maintenance, debt service, etc. 

Do you know of any geo areas that I should look at that produce positive cash flow with 30% down? Looking ideally at B or better areas. 

Thanks 😊 

William

Caleb,

What market are you seeing 9-11% consistent returns?

myself and partner are looking to deploy some capital over the next 3-5 years. 

are any investors here on BP seeing consistently seeing 12%+ cash on cash returns from single family homes used for rentals with 20% down?

if so, in what markets?

would love to chat with any investors  that can guide us as we have capital ready to deploy, just looking for a high coc return

Bryan - thanks for your thoughts

@Omar Khan - thanks for the insight. 

my partner and I are looking for a great property management company in Cleveland. Any recommendations ?

im located in California, is it possible to pull off brrrr out of state?  anyone thats been able to do a large number of brrrr remotely ?

@Jay Hinrichs - So this isn't a good strategy? 

@Omar Khan - I was looking to see if there was any market where these types of flips could be found.