We are an Alberta based company, and offers a lot opportunities to purchase cash flowing properties in Alberta!

What I like about this deal is, the major cap ex's have been handled, and there is still meat on the bone to increase the cash flow by filling the vacancies.

I'd be happy to suggest specific topics that will accelerate deal flow for you if don't mind sharing why you want to be a real estate investor and what you're trying to accomplish. 

She can pick a MFH that cash flows well in an area that doesn’t have the most to offer or she can wait for the one day that cash investors don’t have their eyes glued on the hot miami markets (good luck).

Also, even if the previous owner only owed 60k, you have to take into consideration the cost of foreclosing and the lost income if they hadn't been paying for months or years, not to mention any other costs of satisfying tax liens or maintenance issues that need to be resolved before sale.So, speaking as someone who has bought only 3 foreclosed properties:  You make an offer that works for you, and depending on how anxious they are to sell it, and how much interest they've had, they will accept or reject.  

Asking Price: $200,000Gross Rents (4 units): $2400 per monthExpenses: Taxes: $350/moInsurance: ~$200 (haven't gotten a quote yet)Vacancy (5%): $120 Repairs (7%): $168Capex (6%): $144PM (10%): $240Total: - $1,222Mortgage: - $787 (conventional with 20% down and fixed 4.25%) NOI: $2400 - 1222 = $1178Cash Flow: $1178 - 787 = $391 per month (10% CoC ROI)We feel like this is a pretty good deal based on our numbers, but want to see if we are missing anything?

A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctioning of any real estate or negotiates, or offers or attempts or agrees to negotiate a loan secured or to be secured by mortgage or other encumbrance upon or transfer of any real estate for others, or any person who, for pecuniary gain or expectation of pecuniary gain conducts a public or private competitive sale of lands or any interest in lands.

Hello, I have been studying Detroit real estate deals for few weeks now and they seems too good to be true with 30% cash flow after everything paid off and 100% downpayment.

With the intention of holding for Cash Flow.

As I'm looking at properties I start to think....what if I buy a place they want and makes cash flow.