I am in a situation where I think the numbers don't look very good. Please look at the picture and let me know which numbered property looks to be the most promising from all of these, if any of these at all...
Thanks in advance for whoever gives feedback!
(I have hidden some parts of the spreadsheet to keep provider info confidential... at least I tried to)
If everything is essentially equal as far as returns, you gotta look at intangibles. A house that brings in $15K is going to be different than $9.3K/yr. Are you looking for turnkey, or rehabbing and getting equity? I mean blindly looking at it, I'd say go for the highest return, but that doesn't factor in the business element. If I were you, I'd get the $67K house, , and then buy another $67K house... but again-- it's all about business plans!
Could you send me the format you used for this? This looks awesome.
Did you make a decision? I'm also working numbers.
Sometimes capex is more due to weather variations. also consider buying in A minus neighborhood of KC to get better quality tenants.
i know bay area cash flow is limited but you can look in sacramento area for lower priced SFRS.
i recommend buying a couple of local rentals before venturing OOS.
happy to share info on any memphis investing if interested
@Jaudat S. - 30 second review, run as fast as you can. Read for general REI education.
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