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Buying & Selling Real Estate

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Jim Canull
  • Real Estate Broker
8
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28
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What's a good price 2 buy an investment producing $2,000 monthly?

Jim Canull
  • Real Estate Broker
Posted Aug 26 2019, 18:36

I currently have three properties locked up in a new hot area of Indianapolis.  Everyone seems to be looking for an investment, except for the week that you get one locked up:)  Knowing these are all solid investments I would be happy to use my own finances to purchase them and do the flips to sell or lease out.  My thinking is that I will keep one and sell the others.  If I am able to get tenants in the properties and make them no-brainers I feel the value goes up because I took all of the risk and time to get them fully turnkey producing cashflow.  I know I can get around $2000+ plus monthly and was wondering a good price point where I will get multiple interest?  Thanks for your thoughts.