What areas to find a property that cash flows $200/month

What areas to find a property that cash flows $200/month

CPA / Investor · Atlanta, GA · Member since 2018 · 5 posts · 5 votes

Hey Everyone!

I’m an investor from Atlanta, and I have two properties. My question is where can I find cash flowing properties for $200/month after principal, interest, taxes, insurance, capex, and 5% vacancy. I swear I’ve been looking for months but Corona Virus has thrown a wrench in things. I’m looking to spend between $150-225k and don’t want renters that are going to be a huge pain!

Thanks, and please reach out to me if you have any properties like this!

Brett

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Investor · Rochester, MI · Member since 2017 · 1k+ posts · 584 votes
6y

Hey Brett, I find 10+ deals a month (MLS) that will make $200+ a month in the $50k to $100k range. Suburbs of Detroit. Tenants "without the pain"

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  • Investor · Rochester, MI · Member since 2017 · 1k+ posts · 584 votes
    6y

    Hey Brett, I find 10+ deals a month (MLS) that will make $200+ a month in the $50k to $100k range. Suburbs of Detroit. Tenants "without the pain"

  • Rental Property Investor · Atlanta, GA · Member since 2019 · 11 posts · 4 votes
    6y

    @Brett Bedwell

    $200/month Cashflow is available here in ATL. A ton of pressure on sellers right now is driving prices up. Staying persistent and firm on your price is key. $150-225k your pricing sounds very much so like North Atlanta, Marietta, Sandy Springs? Are you open to Aerotropolis, South Atlanta? 

    I would love to walk you through a few techniques to get strong ROI and minimize headaches.

  • Real Estate Agent · Atlanta, GA · Member since 2014 · 683 posts · 317 votes
    6y
    Originally posted by @Brett Bedwell:

    Hey Everyone!

    I’m an investor from Atlanta, and I have two properties. My question is where can I find cash flowing properties for $200/month after principal, interest, taxes, insurance, capex, and 5% vacancy. I swear I’ve been looking for months but Corona Virus has thrown a wrench in things. I’m looking to spend between $150-225k and don’t want renters that are going to be a huge pain!

    Thanks, and please reach out to me if you have any properties like this!

    Brett

     Check out certain part of Marietta, Decatur, Powder Springs, Hiram, Dallas, Maybe Kennesaw, Acworth, Lawrenceville....

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