All Forum Posts by: Elvin William
Elvin William has started 12 posts and replied 42 times.
Post: Building cost for fourplex, duplex
- Posts 42
- Votes 33
Quote from @Clayton Silva:
While anything is possible, I would connect with builders in the Sacramento area. There are a couple of decent real estate meet ups where you would be able to meet some developers and pick their brains on the do's and don'ts. I am not far from Sacramento and can send you a few of the meet ups in the area that I attend personally. As for building, it can be a very good way to get into a deal for below market costs of existing inventory but it's all about the numbers, location, and your ability to get the property built well and efficiently. Honestly, I think the hardest part is going to be finding the right lot in Sacramento in the right area with the right zoning and the right size etc.
Post: Building cost for fourplex, duplex
- Posts 42
- Votes 33
Hello, the multi family house here in Sacramento is expensive. I'm thinking of buying land and building 4plex from ground up. Did any one build any duplex or 4plex from ground up? Is it worth it or buying existent duplex or 4plex is a better option? In Sacramento area. Duplex is going around $650k while 4plex going around $1million. I think I can build it for around $650,000 plus land in a great area. Land is around $250k. Any feedback will be appreciated.
Hello, I have four property in Toledo area. My monthly payment for insurance each went up by $150 each a month out of nowhere. I had these property for less than 3 years. I need help finding cheap insurance for my property. Any help will be helpful. It's killing me with my cash flow. Thanks.
Post: Looking for Cash Flowing Rentals for Under $200k
- Posts 42
- Votes 33
Quote from @Brendan Harrison:
If you're looking to invest under $200K, Oklahoma could be a great option to consider! Both Oklahoma City (OKC) and Tulsa have affordable properties with strong cash flow potential. These markets are landlord-friendly, and with growing populations, job growth, and solid rent-to-price ratios, you can still find opportunities to purchase below $200K and see positive returns. Additionally, the lower cost of living and minimal seasonal risks make property maintenance more manageable. It’s worth taking a closer look at Oklahoma if you're aiming for strong investment fundamentals!
Post: What zip code or area is C and B area in Cincinnati.
- Posts 42
- Votes 33
Quote from @Drew Sygit:
@Elvin William you should be able to figure that out yourself by using Zillow to analyze for sale & rental prices.
Zillow also has a feature that allows you to export a report of all the average sales prices for each zip code. Analyze that and you should be able to see pricing tiers that will correspond to Class A, B, C & D areas.
Thanks for that information that has no help at all. I did that already. I like to ask people who has investments there. That's all.
Post: What zip code or area is C and B area in Cincinnati.
- Posts 42
- Votes 33
I'm looking to invest in Cincinnati for the very first time. Which area or zip code is C and B area. I'm more looking to invest for section 8. How high demand is section 8 in that area. Any good property management recommendations? Thanks
Post: Looking for Cash Flowing Rentals for Under $200k
- Posts 42
- Votes 33
Quote from @Bob S.:
Quote from @Elvin William:
Quote from @James Wise:
Quote from @Richard Wilkinson:
I'm a Los Angeles based Realtor w/ 17 years of experience and I am looking to invest out of California. At this point I would like to keep each purchase under $200k. Can anyone recommend any markets where one can make a purchase for $200k or less and still have positive cashflow?
Entire Midwest playa. Cleveland, Detroit, Toledo, Indy etc......Throw a dart at a map and you'll find a town that you can do that in.
But what cities you recommend for section 8 cash flow city from the city you named?
Clev and Detroit are very similar. In Cleveland I just got 1700 for a 4 br , all in 75k, $900 for a 1 br in the hood in my apartment building .
Post: Looking for Cash Flowing Rentals for Under $200k
- Posts 42
- Votes 33
Quote from @Bob S.:
Quote from @Elvin William:
Quote from @James Wise:
Quote from @Richard Wilkinson:
I'm a Los Angeles based Realtor w/ 17 years of experience and I am looking to invest out of California. At this point I would like to keep each purchase under $200k. Can anyone recommend any markets where one can make a purchase for $200k or less and still have positive cashflow?
Entire Midwest playa. Cleveland, Detroit, Toledo, Indy etc......Throw a dart at a map and you'll find a town that you can do that in.
But what cities you recommend for section 8 cash flow city from the city you named?
Clev and Detroit are very similar. In Cleveland I just got 1700 for a 4 br , all in 75k, $900 for a 1 br in the hood in my apartment building .
Post: Looking for Cash Flowing Rentals for Under $200k
- Posts 42
- Votes 33
Quote from @James Wise:
Quote from @Richard Wilkinson:
I'm a Los Angeles based Realtor w/ 17 years of experience and I am looking to invest out of California. At this point I would like to keep each purchase under $200k. Can anyone recommend any markets where one can make a purchase for $200k or less and still have positive cashflow?
Entire Midwest playa. Cleveland, Detroit, Toledo, Indy etc......Throw a dart at a map and you'll find a town that you can do that in.
But what cities you recommend for section 8 cash flow city from the city you named?
Hello, I'm looking to buy SFH in st Louis and KC. I'm looking to rent to section 8. I'm looking for A and B SFH. Is there a demand for section 8 housing in these cities and how hard is it to get section 8 approved for those cities. Thanks