high return real estate: Making Money Through Real Estate Investing!
- 03/17/14 08:21 AM
Don't Kill Your Cash Flow and Return on Investment (ROI)! The money in real estate is made up front, you make it when you buy, not when you sell! Buying right from motivated sellers, estate sales, bank foreclosures (REO's), HUD, Fannie Mae, Freddie Mac, as well as auctions is a good way to make sure you win the real estate game. After you have bought the right property at the right price, and in the right location, you have done much to secure a positive cash flow, hopefully with a bright future of appreciation, all while your tenant buys you a … (1 comments)
We just closed a property that a client bought three years ago for $44,500, after putting $14,000 or so in rehab and mainatenance when tenants moved out and netting $500 per month in monthly cash flow, they will have made $18,000 in three years from rents (excluding vacancy). The property just sold for $68,500, which means that even after subtracting renovation and turn costs that the client made another $10,000 in profits from appreciation. This $28,000 return on a $58,500 investment for acquisition and renovation means that our client made 48% ROI (Return On Investment) in a … (0 comments)
Don't Kill Your Cash Flow and Return on Investment (ROI)!
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