Purchase price: $175,000 Cash invested: $34,000 Sale price: $750,000 Single family Vacation rental direct sail boat access.

It's also an old city with some geographic constraints to new development...if you're close to public transit in a good location, there's always going to be upward pressure on price (and rents) and limited supply. 

is this a sherrifs sale or a trustee sale ?

It sounds like you’re selling for $500k after closing costs?

I’m interested in how do we scale this single family unit into maybe a duplex or etc…We don’t utilize a PM since it’s only a single unit and it’s close to our primary residence. 

Well now everything was sold and closed escrow Sept 7th…and I’m still trying to get my money.

Purchase price: $154,000 Sale price: $185,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Francisco Diego, successfully completed a deal on Greenwood Ave, West Palm Beach, FL.

I was able to get them $9,000 off of the asking price, and a $30,000 concession to cover closing costs and a rate buydown further increasing their cash flow.

Account Closed I would strongly recommend instituting some kind of pre-screening process when people inquire about a rental.

Realtors don't typically like to do rentals under the $2k price point due to how little money they will actually make on the sale.