Coghill: Hey all-I’m looking for feedback on AppFolio.

Look them up online, call and interview several of them.

The 10-year treasury is currently sitting at 4.62% as of 1/24/2025 up from 3.73% on 9/13/2024, reflecting a 23.8% increase over the last 4 months (Source).

Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.

But on that note I do use about 4 different data sources for comp'ing the property's rental price estimate for my clients.

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

My plan is to mainly focus on cash flowing properties that make the 2% rule. 

What you have calculated is not cash on cash return.   

Is it because it's a 2 bedroom or is it because it's in a better location and looks better in online pictures. 

I am on Zillow looking at properties almost every day.