What do you look for in investment properties?

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Lender · Richardson, TX · Member since 2014 · 537 posts · 228 votes
6y

I like to find 3/2/2 on one story under $200k ARV. Unfortunately, those are in very high demand so they are hard to find at the right price.

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  • Lender · Richardson, TX · Member since 2014 · 537 posts · 228 votes
    6y

    I like to find 3/2/2 on one story under $200k ARV. Unfortunately, those are in very high demand so they are hard to find at the right price.

  • Lender · Member since 2020 · 129 posts · 113 votes
    6y

    @Neil Aggarwal no doubt. what areas have you found are less saturated right now?

  • Lender · Richardson, TX · Member since 2014 · 537 posts · 228 votes
    6y
    Originally posted by @Jared Sandler:

    @Neil Aggarwal no doubt. what areas have you found are less saturated right now? 

    None of the places I want to invest.

  • Rental Property Investor · Virginia Beach, VA (Virginia Beach) · Member since 2019 · 173 posts · 129 votes
    6y

    Moderate to large Multi-Family buildings and complexes of the B and C class with value add potential, deferred maintenance, tenant issues and or management problems in the Hampton Roads area of Virginia and Greeensvile SC

  • Lender · Member since 2020 · 129 posts · 113 votes
    6y

    @Neil Aggarwal i hear ya!

  • Patti RobertsonBusiness Member
    Property Manager · Virginia Beach, VA · Member since 2016 · 2k+ posts · 2k+ votes
    6y

    Easier to tell you what I don’t want...

    - No 100 year old houses

    - No flood zones

  • Wholesaler · Dallas, TX · Member since 2017 · 306 posts · 133 votes
    6y

    Hello Patti!   Demand, location, positive cash flow whether you are financing it or not, area growth, amenities, repairs, seller motivation, is it in a flood plane  economical pluses or minuses, property age, layout, historical issues, future projections, neighborhood issues, weather issues that are negative or positive, distance from an existing public protection, if provided, storage area, and property taxes.  I may have missed something.  and it might effect their personality.  What are they looking for?  Good luck to you!

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