This client was driving between America and Canada and wanted to see his property for the first time. He had purchased this home with no pics or videos. Having purchased many homes in this city and 2 others on this street we understood both the rehab and rent that was needed to create the best income property.Being a residential property rehab cost and maintenance will be less expensive and tenants stay an average of 22 months or more. Residential real estate to me is the best choice for consistent equity and income.
Let's look at the projected numbers
Rent $1500 Tax $217 Insurance $60 PM $125 Net $1098 Yearly $13,176
This property will also have considerable equity and with our three year plan it will even get better in this appreciating real estate area.
Need great real estate Call me (216-703-5740) Fathom Realty or WhatsApp me
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