Apartments are good for meager caps under 10%.  It doesn't have to be apartments, people still would rather rent a SFH over apartments.  I do have four and six plex's though, they are cash machines.

The prices can't get any lower, if anything the banks are being more creavtive.  REO deals and brokers are coming back, bought two auctions last week…[Read more]

Every investment is a risk….   Nigel

Sorry Guys, I have been so busy i have literally been from dust till dawn.  This time last year I had time through the winter to post regularly.  As i was doing two of my own projects.  This year i have ten and counting. 

Toam5,

I had sent you a PM, along with others.

But i have no problem posting what i do.

Capital 20 to 50 thousand, returns…[Read more]

I don't ever see there being any type of service like that unless you get in a group with money or have a good connection. 

I do them with Aussie and Cali business partners.  They supply the capital and I locate the property, project manage, property management, and a buyer.  Split the profit down the middle.  Sometimes they will have money…[Read more]

To much money for such a low cap

if you had $300,000 cash…how would you invest it in USA property? what strategy would you use?

I would set back 100,000 for flipping.  Proceed to buy properties with that liquid and average a quick wholesale deals. 

Would then buy A class for about 50,000 in the new Google fiber hoods (That's what there calling them, trying to be very urban) …[Read more]

The check thing cracks me up. You guys are so last century.

Lot's of people still like to do business that way.  You can do all your business from your phone, tablet, computer…  Can deposit checks with pictures from my phone.  Just need a quality bank, problem is that the banks here are just big business and you need to go small and local.  Or…[Read more]

These deals aren't in war zones, as Alex says he would left his wife collect rent at night.  I would let my fiance collect rent at night on this multi-family. 

Pictures where the same as the MLS or i would have used that link, but the link is gone when the property goes under contract.  The zillow price is still from this summer, they asked for 25,000 back in July.  I missed out then, but doing my searching of properties this week saw that the sale fell through.  I jumped on it and offered them 26,000…[Read more]

I get some more time, i will keep posting deals and will break them down.  There under contract so i have no problem putting them out there. 

Lol, here we go again.  The ones for 20,000 i usually get from 5,000 to 3,000 and have even had people sign them over to me.  It's the gems that most people pay 60,000 for that i get for 20,000 to 25,000. 

Case and point

Bought this one the other day in a mixed area, African, African American, Hispanic, and…[Read more]

@ Zmagen

We just don't get the attention here that other markets like Atlanta get.  I have been working with these wholesalers for a while, the prices really have stayed about the same. The MLS will get competitive during the Spring/Summer seasons, but it will taper back off.  That's about the only time prices are bid up. 

I do wholesale…[Read more]

I can get good whole sale deals for about the same price as 2009

@ Jay

Not really, we just don't get the crazy amounts of people buying here like the buying frenzy that shot up AZ and Atlanta.

Cash flow is King

Congrats, the pay pal idea is the best i have heard yet

Florida's a big state, would take a month to cover al the area's with  good properties for sale

Just glad we could help, should have said something a long time ago.  But i thought John had quite using the site a while back.

Nobody talks about cap rates on these forums that i have seen. 

Oh ok, so basically all I need is common sense? hahaI wouldn't say it's that easy….