Rental Property Investor · Yardley, PA · Member since 2012 · 436 posts · 198 votes
One more across the Park from the last one I posted. This one needs some TLC (I am not even going to guess on how much you would put into it because that's up to the investor)
This one is Bigger... 4 Bedroom and 1260 Sq Ft... If you are interested in it let me know ASAP... before the end of the month we are starting the work, so price will go up and it will be sold as a turn key early 2015.
If you are interested in it as a TURNKEY With CO, Tenant and Management in place let me know and we can look at options there. We are ready to go on the repairs, and have management in place.
Here is a link to the postlets. postlets.com/29orangest.html
Developer · Philadelphia, PA · Member since 2013 · 1k+ posts · 902 votes
11y
What a difference! Thanks for showing us the after pics and sharing numbers, love it! That's a killer rent to purchase ratio, that thing will cash flow like a champ.
Los Angeles, CA · Member since 2014 · 85 posts · 10 votes
11y
Those look like great numbers. @Stephen Chatto , please email me more information. Looking forward to working together and benefiting both our endeavors.
Rental Property Investor · Yardley, PA · Member since 2012 · 436 posts · 198 votes
11y
@Troy Sheets Yeah... You are reading it right. 16% cap if purchased at 34k. The numbers in our market are phenomenal. We are holding as many as we can. Check my numbers.
Rehab has begun and should be done in about 30 days. We have Management in place so it is an easy lift for hands off investors. It's a pretty large place. We can sell it vacant or with tenant in place. We will be getting this place rented pretty quickly, so anyone that want's it vacant needs to act sooner than later.
We did finish the project and sell the house as a Turnkey Property. We ended up selling it as a TURNKEY with a tenant in place, Certificate of occupancy and rented for $1125 per month. We ended up going above and beyond on the rehab and getting 45k for the house.
Developer · Philadelphia, PA · Member since 2013 · 1k+ posts · 902 votes
11y
What a difference! Thanks for showing us the after pics and sharing numbers, love it! That's a killer rent to purchase ratio, that thing will cash flow like a champ.