All Forum Posts by: Bowen Douglas

Because people are looking for actual cashflow vs paper cashflow. You assume those properties will net 500-700 a month because you assume that the tenants in the market for that type of property will pay the rent, not damage your property, not need to be evicted etc. This is why new investors often lose money. They think a C or D property will attract the same quality tenant as an A or B property. It usually won’t. Best of luck to you.

I appreciate the responses.. So are to saying its fairly unlikely to have positive cashflow from investing in the C class neighborhoods?

0 Votes

Cedar Rapids, Iowa

I'm from Canada where it is genuinely impossible to find turnkey cashflow but after a quick search i can find dozens of properties in the US that net 500-700 a month even with a 7.5% interest rate and after all expenses. But i keep seeing people complaining on forums saying it's impossible to find cashflow in the US.. Is it due to them looking in the wrong markets? Here is an example of a property the would cashflow easily i just found.

https://www.zillow.com/homedetails/1516-C-Ave-NE-A-&-B-C...

$225,000 fully renovated duplex with the rents combined at $2250 in a relatively nice city with relatively low vacancy rates..

0 Votes

Cedar Rapids, Iowa

All Forum Posts by: Bowen Douglas

Bowen Douglas has started 1 posts and replied 2 times.

Post: Why do people say turn key cashflow is so hard to find?

Post: Why do people say turn key cashflow is so hard to find?