All Forum Posts by: Scott Sklare

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $68,500
Cash invested: $14,000

Beautiful 3 bedroom home with much to offer! Wonderful updated kitchen comes complete with stove, refrigerator and dishwasher. Formal dining room is open to the living room making it great for entertaining. Enjoy the natural light from the large main floor windows. 3 season porch for relaxing! Many updates in the last few years including roof, water heater, furnace and central air. Many updated windows. Fenced yard. 1 car detached garage. All this in a convenient east side location.

What made you interested in investing in this type of deal?

I was the broker on the buyer's side. Very nice home that we knew would rent for $1200 per month

How did you find this deal and how did you negotiate it?

We found this on the Multiple Listing Servivce (MLS). We negotiated based on our knowledge of the market, the inspection report, and quantified items that needed repair or replace.

How did you finance this deal?

We were the broker, our client worked with a local community bank that is very bullish on our business nice.

How did you add value to the deal?

We find, analyze, help navigate the financing, take care of the repairs, then we found a tenant to rent the house for $1200 per month.

What was the outcome?

Outstanding! 2% rent to purchase price

Lessons learned? Challenges?

hard work pays off.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes.

Hi Christine, would love to have a chat with you.  

Rachael, 

Thank you for reaching out.  

I am quite certain I can offer you a great option.  I am an investor, broker, property management, rehab company all rolled into one.  We find, analyze, rehab, buy, manager, and help investors grow their portfolios.  We find a steady supply of properties that generate 2% rent to purchase price and 15 to 20% cash on cash return.  Let's have a chat!

Hi Horacio, I would be happy to discuss with you, give me a call.  

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi Nathan,  I would be glad to discuss with you.

There are a lot of variables to your question.  In general, we are seeing 20% cash on cash return in our market.  In other words, if you financed a $60K property with 20% down, this property would generate $2400 cash flow.  Let's chat on the phone.  

Hi Yashira, I would be happy to visit with you about the Madison area - I am a licensed Broker. 

Give me a call. I can show 20% (or more) cash on cash return with our real estate market. Buy/hold, BRRRR, Fix/Flip.

Scott

Hi Chris, would love to have a visit.  I'm confident I can give you some great ideas and suggestions.  Let's have a visit on the phone. 

Hi Patrick, let's chat.  I would be happy to give you some feedback.  30+ years experience as a broker, investor.