All Forum Posts by: Frank Rodrigues

I have used Alpha One PM for years and they have been good for me.

www.alphaonepm.com

PM me if you have any other questions. I hope this helps and best of luck!

I have a SFH at 7208 Lydia Ave in the 64131 are for just under 1k a month yielding 10.31% cap and 13.13% COC return. This is a pretty standard rate from my experience in that area. PM if you have any questions and best of luck!

I have had great success in the Kansas City market. I would definitely recommend looking there. The appreciation in that market over the last 5 years has been phenomenal. Houses that were sold 5 years ago for 60k now are worth as much as twice that amount today with a consistent double-digit casflow annual return. PM if you have any questions about the market. Best of luck!

@Michael Balaska I just realized what I wrote for Joe below was meant for you! Hope that helps.

I have over a decade of experience in working with turnkey properties and companies and this is not what a good turnkey property looks like at all. If you can walk away do it quickly. I have a lot of experience in the Cleveland market so feel free to PM with any questions. Best of luck!

@Joe Villeneuve Here is my 2 cents after a decade of experience in cashflow properties. You want the least amount of money coming out of your pockets and the most amount coming back and instead of thinking of one property for 15 years, think of one property every 5-7 years and sell it and reinvest into a better property and repeat. Why? Because what is the shelf life of an AC unit? Water heater? Furnace? Roof... These are all expenses that will be coming out of your pocket and cutting down on your profits when you hold a property for over 10 years. I have found it's much more profitable to sell a property, make profits, and reinvest into a new one than have to pay for those expenses. This way you are getting the best of both worlds in cashflow and appreciation. PM if you have any other questions, best of luck!

@ Angeli Castrence Yes! But do your due diligence on the companies you decide to work with by talking to them over the phone, looking at what kind of properties they provide along with property management. You can always fly out and see the properties first hand if you are not 100% sure and they can walk you through them. I have been doing this for over a decade so feel free to PM if you have any questions. Best of luck to you!

@Karren Braddy From having over a decade of experience in working with turnkey providers I would recommend first to have a conversation over the phone with them and see what they actually provide from A-Z and be sure they are true turnkey providers (with property management) and a real portfolio to look at with multiple options. I would also recommend travelling to see the actual properties if you are not 100% sure, this is your hard-earned money so you want to make sure it's going into the best opportunity possible. There are some great markets that I have experience with so feel free to PM me if you have any questions. I hope that helps and best of luck!

@Sanjeev Kumar I can only speak about the areas I have worked in and from my experience the KC market along with OH has been great in getting double-digit returns. Let me know if you have any questions about these two markets.

The first step is making a decision in what type of investing you want to get involved with, commercial, residential, flipping, Cashflow? KC is a phenomenal place for Cashflow. I’ve seen a lot of success in that market for years. Let me know if you have any questions, best of luck!