How to Fix Bad Income Real Estate
This property came to us from a client that knew this property owner and they needed a change. They had invested a lot of money in rehab and had no more money to add. Basically we had to work with what we had.
The property was basically sitting there not leased. Costing the client a lot of money because it had been sitting vacant for a while.
We marketed this property at the $1350 a month it should get but because of the condition we had to find a tenant that wanted the property as is.
We marketed the property in May 2023 and the new tenant moved in July 2023. Let's look at the results.
Approx Numbers
Rent $1250 Tax $181 Insurance $60 PM $125 Net $884 a month or $10,608 a year.
We created profit for this client and they do not have to lose money on their property anymore.
Need professionals Call me (Brett) 216-703-5740 Fathom Realty or WhatsApp me
I partner up with Avalon Group Realty to do all the property management
Call Lori 440-695-3379
-
3:27
By56083
4 months agoHow to create good after effects on Investment Real Estate
1 -
1:34
By56083
2 months agoMore Evidence we do Income Real Estate Better
25 -
3:32
blinchey
2 months agoBuy a New Home Without Selling Yours First in 2024! Amazing Solution
33 -
8:17
Randy Milmeister - Realtor & Probate Specialist
2 months agoAvoiding the 6 Biggest Mistakes in Probate Real Estate
311 -
10:45
Grant Cardone
1 year agoAVOID THESE MISTAKES IN REAL ESTATE
372 -
5:10
benjaminzmiller
1 year agoHow can I get more income from my multifamily property?
8 -
6:07
TheLAProbateExpert
1 year agoAre You a Real Estate Agent? Avoid These 5 Probate Mistakes At All Costs!
3 -
1:11:53
Tax Lien and Deed Education consultant
6 months agoHow to Profit in 2024 ~ Tax lien & Deed Investment "Getting back into the Housing Market"
106 -
1:35
JackBBosma
1 year agoCharitable Real Estate Solution For Solveres (Read The Description Please)
1 -
20:06
MichaelBordenaro
1 year agoProperty Taxes BANKRUPTING Homeowners and Their Equity
4