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All Forum Posts by: Makenzie Kelly

Makenzie Kelly has started 63 posts and replied 118 times.

Post: Are these management fees reasonable? (Indianapolis)

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

@Israel R. I can take a look.  Why don't you PM me and I'll give you an idea.  

Post: Are these management fees reasonable? (Indianapolis)

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

@Aaron Cullen those fees look appropriate.  Where I've seen investors get in trouble is on the repair sides.  

@Israel R. are you my neighbor? Small world.  I do a lot of work in Indy....

Post: New wholesalers in Indy!

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

Welcome Kevin, with your experience I am sure that you will kill it.  

Post: Duplex in Indy

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

@Eric Andrews my experience with duplexes in Indy is that investors want 2% after repairs.  There are a lot of duplexes out there that can be had.  I think it also depends on the neighborhood. 

Post: Indianapolis Turnkey Providers

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

@Anurag T. I can do some introductions for you in the Indy market if you would like.  Investor from Livermore here.  And/or let me know if you would like to sit down and discuss Indy and the strategies there if you have 30 min.   I have been actively working in this market for over 18 months.  Cheers. 

Post: Determining Equity

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

@Alain Perez-Majul I agree with Ben.  I would focus more on getting motivated sellers than I would about equity.  Or, pull a high equity list from a list source then drive from that list.  Just a different way to  approach it.  And I still haven't found the lists to always be accurate regarding equity.  You can still solve for lack of equity.  I have had buyers come to closing with cash in the past.  So that's not out of the question. 

Post: $1200/mo Cash Flow in Indy w/ 14% Cap Rate!

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

Selling at only $64K. 14% Cap rate!

This 3000 square foot Duplex has 3 bedrooms and 1 bathroom aside.
It is located at 14 N Dequincy St Indianapolis, Indiana. This home is in the Ips School District.
A fully rented performing duplex, rents at $1200 with long term tenants.
Kindly see below link for more details:

https://www.dropbox.com/s/02q9augipiylpg3/14%20N%20Dequincy_Property%20Report.pdf?dl=0

Cheers!

Post: ★ 14% Cap Rate Indy Turnkey At A Wholesale Price!

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

Hi Tomasz,

We are always open to negotiate, but as you know multi-family properties are assessed based on their cap rates.  10% as you know is a great deal, 14% phenomenal.  

Best,

Makenzie

Post: Fantastic Turnkey! Indy Duplex w/ 14% Cap Rate!

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

I'm Selling This Money Producer For $64K.

This is a Duplex With 3 Beds / 1 Bath Each Side, 3000 ft² Wide, With Very Nice &
Long Term Tenants. One of The Units Was Rehabbed Recently.

Sure Cash Flow of $1200 Each Month. Your Money Will Sure Work For You At 14% Cap Rate!

Pls Click The Dropbox Link Below For More Info:

https://www.dropbox.com/s/02q9augipiylpg3/14%20N%20Dequincy_Property%20Report.pdf?dl=0

Post: ★ 14% Cap Rate Indy Turnkey At A Wholesale Price!

Makenzie KellyPosted
  • Investor
  • Livermore, CA
  • Posts 122
  • Votes 36

Awesome Turnkey w/ Long Term Tenants! Selling For Only $64K.

This is A Fully Rented Duplex. Always Performing, Currently at $1200 a Month. 14% Cap Rate!

Pls See Link Below For More Info:

https://www.dropbox.com/s/02q9augipiylpg3/14%20N%20Dequincy_Property%20Report.pdf?dl=0

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