All Forum Posts by: Antonio Cerqueira

Hi @Cody L. well, I always heard they were BS...  but I will be very happy if they are not! 

In your experience, what is the aprox. success % of Rentdebt?

Any other BPer with a positive experience with this or any other delinquent rent collection company?

Thanks!

Antonio

Hi,

We manage a 1,500+ units portfolio and are looking for a debt collection agency to get delinquent rent for us.

 I have the feeling none of them are worth but just in case, any positive experience? 

Thanks!

Antonio

4753 N 12TH ST

3 Beds, 1 Bath

Purchase Price: $31,000

Rehabilitation: $43,444

TOTAL investment only $74,444

Closing Cost: $3,000

Rental Income $750

Property Management $75

Property Taxes $52

Insurance $65

NET INCOME $ 558/ Month (9% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

1007 N 45TH ST

3 Beds, 1 Bath

Purchase Price: $27,000

Rehabilitation: $72,120

TOTAL investment only $99,120

Closing Cost: $3,000

Rental Income $1,050

Property Management $105

Property Taxes $54

Insurance $65

NET INCOME $ 826/ Month (10% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

1451 N NEWKIRK ST

3 Beds, 1 Bath

HOUSE WILL BE DONE HIGH END WITH CENTRAL AIR

Purchase Price: $55,000

Rehabilitation: $92,011

TOTAL investment only $147,011

Closing Cost: $3,000

Rental Income $1,300

Property Management $130

Property Taxes $27

Insurance $65

NET INCOME $ 1,078/ Month (8.8% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

1726 N BAMBREY ST

3 Beds, 1 Bath

HOUSE WILL BE DONE HIGH END

Purchase Price: $40,000

Rehabilitation: $58,885

TOTAL investment only $98,885

Closing Cost: $3,000

Rental Income $1,050

Property Management $105

Property Taxes $23

Insurance $65

NET INCOME $ 857/ Month (10.4% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

5449 KINGSESSING AVE

3 Beds, 1 Bath

SINGLE TAX SALE HIGH END

Purchase Price: $42,000

Rehabilitation: $56,867

TOTAL investment only $98,867

Closing Cost: $3,000

Rental Income $1,100

Property Management $110

Property Taxes $60

Insurance $65

NET INCOME $ 865/ Month (10.5% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

Hi @Brenda Harper and @Cody Miller This is a 5 plex, it is really close to Temple School of Medicine and Temple Hospital Fully occupied

Unit1 $750

Unit2 $650

Unit3 $600

Unit4 $650

Unit5 $500

If anyone is interested please contact me at [email protected]

Thanks

Antonio

6510 REEDLAND ST

3 Beds, 1 Bath

SINGLE TAX SALE

Purchase Price: $31,500

Rehabilitation: $50,738

TOTAL investment only $82,238

Closing Cost: $3,000

Rental Income $950

Property Management $95

Property Taxes $70

Insurance $65

NET INCOME $ 720/ Month (10.5% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

3003 N BONSALL ST

2 Beds, 1 Bath

HOUSE IS DONE & RENTED

Purchase Price: $62,348

Rehabilitation: $112

TOTAL investment only $62,460

Closing Cost: $3,000

Rental Income $750

Property Management $75

Property Taxes $28

Insurance $65

NET INCOME $ 582/ Month (11.18% cash on cash)

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com