Roofstock Zack: “We are making sure your PM, Marketplace, will receive the security deposit, the tenant info so they can collect rent payments, and the keys if available”.

@Dan HandfordHi DanI tell investors we are a vertically integrated real estate company that contains property management, syndication, an education company and a soon to be brokerage company.

The owner from talking with him is more interested in unwinding his estate and creating an income stream for grand kids which is why  we are thinking this may catch his interest. 

A triplex around the corner is fully renovated on the market for 1.1 million, gross rents of about $6,400 and we are a two hour (with traffic) commute from SF.I guess the alternative would be to deploy that 100k across more than one property at a time utilizing financing (i.e.

We are talking about doing a deal together.  

So far, we are looking at about $11,000 before landscaping to bring the property to prior condition.

I was just talking about this today. we are looking at a park with 24 units that will cash flow about $14,000 a month with an asking price of $1.5 million.

For example, in my MLS, if we have an executed extension we are still Under Contract and the listing should reflect that.

The debt service on our rental is $1750 and we are getting $2850 a month rent. 

We are looking for somebody specific with making converting an apartment in a multifamily complex from a storage unit to a rentable unit.