All Forum Posts by: Lisa Sims

We currently have 6 properties around the area. What Burroughs would you invest in under 100k. 

Yes we are looking for cash flow. We are in these for so low, we are not  too worried abut appreciation.  The 2 in Clairton 1is 15k  the other is 25k we are getting $ 725 the other $1075. So the cash flow is good. ( not section 8) 

So my Husband and I starting investing in Pittsburgh. We currently have 5 properties  3 in Clairton 2 in Turtle Creek. purchased and rehab for 30k-45k all in  we are getting $ 750-1125 a month. We paid cash for the purchase and rehab. So we are pulling out our money and we are going to do it again. My question?? When I mention TC or Clairton  Realtors just say HMM. But we have had a great experience.  In both places there is bad but there is very nice areas also. When we put a property up for rent, people are knocking down the door to get it. Good credit score, good jobs. I get we are only a year in but If the numbers work the number work. Right?  

This is 82 doors on 60 properties

Cash flow monthly 53K before taxes and insurance $150,000

How do I figure what a good purchase price should be  

Please help we are sacred out of our minds!! We currently own 9 single family homes and have the opportunity to purchase a very large portfolio of 82 doors...... we understand how to do a single family home evaluation but what is the formula to access the purchase price? Thanks