All Forum Posts by: Junior Soares
Junior Soares has started 10 posts and replied 245 times.
Post: --UPDATE-- Tenant moved. NOW $24.9k. Owner wants OUT! Cleveland

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Hi James,
Did the downstairs tenant move as well? is that the reason for the price drop?
Junior
Post: *16 Single Family, Turn Key Rentals in St Louis For Sale*

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Good afternoon Mike,
Is your portfolio still available? Please email me your asking price for all 16 properties along with more info if possible.
My email is [email protected]
Best,
Junior
Post: 12 Units FOR SALE COC: 14% CAP RATE: 8.85% DCR: 1.68

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Post: LLC Tax Advice for Married Couples

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Post: LLC Tax Advice for Married Couples

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Post: Have submitted 6 offers so far....

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Good afternoon Vivian,
That Market is very tough just like my market here in the Bay Area, You would literally have to overpay for the property and have a negative cash-flow or very little if any as I've seen it time and time again. The Bay Area and your market for example are perfect markets for appreciation. So if you want to build equity, these markets are perfect for investing in. But if you're looking to build a cash-flow portfolio I would recommend to go out of state in a less equity appreciating market. I like the Midwest particularly, houses stay pretty much the same in terms of value with very little appreciation but has strong cash-flow. Right now 12% returns are getting harder and harder to come by but i'm finding good areas where you can still yield 9-11% COC which to me is amazing. I won't invest in anything unless the return is 9% or greater.
Best,
Junior
Post: 4 Plex Central Ohio Turnkey 21.6% Cash-on-Cash $120k

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Post: Turnkey Property: Midwest City, OK; Cash Flow: $1,848; 38% ROI

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Post: 4 Units near Google Village San Jose, CA - Off Market

- Contractor
- San Jose, CA
- Posts 262
- Votes 407
Post: Indianapolis turnkey rental! Already cash flowing $700/mo!!

- Contractor
- San Jose, CA
- Posts 262
- Votes 407