The way I see this is that my net return from the contract for deed scenario of $11,865 does not produce a good return on equity of $11,865/$108,867 which is 3.6% annually.

Inventory in my area is very low, so i'm struggling to find properties that produce reasonable monthly cash flow and CoC (based on what i believe to be good numbers).

Sharp contractions in personal consumption, exports, inventories, investment, and spending by state and local governments, converged to bring down GDP, which is the combined tally of all goods and services produced by our economy during the quarter.

Usually you are required to produce current leases to justify your statements and some want to see P&LI always have DTI issues due to real estate being a large part of my income.

What are your intentions are you a wholesaler who wants to produce leads for yourself to put into contract or are you wanting to be a marketing company and sell those leads?

Zillow still produces the best leads.

So that one property will produce close to 5k a month by the time we’re done with it and I do mean above P&R after losses.

FIVE FACTS:The local housing market continues to avoid most negative consequences of the COVID-19 economic downturn when compared to other sectors of the Madison County economy.Gross Domestic Product, the sum of all goods and services produced in the region, for the Huntsville metro area has increased 26% since 2011.This quarter saw a significant increase in the median sales price at $248,680.Days on Market dropped to another record low of 29 days, compared to 45 days this time last year.Listings remain low, but there was an increase of 295 from the first three months of 2020.https://haar.realtor/area-market-avoids-pandemic-downturn/

It takes time and effort, but can produce some pretty fantastic deals.You should also join a local investor group and network with other investors.

Tends to be a bit biased for CA news but she consistently produces a valuable and concise show