On this podcast episode I talk about turn key section 8 rental properties. I walk you through a case study of a rental property that we currently have listed on the MLS for sale for $60,000 to show you the numbers and the returns that are possible by investing in turn key section 8 rentals.
In this case study the property can be purchased for $60,000 and would only require a down payment of $12,000 to purchase. After closing costs, the initial cash investment would be only $13,000 and the property would be managed and turn key (meaning you as an investor would not need to do anything).
The Gross Annual Rental Income on this property is $8,400 and after factoring in mortgage payments property taxes, insurance, repairs, vacancy and property management this property would return $2,252 on the investment of $13,000 which is a 17.3% return.
I have all of the numbers and the breakdown at this link: http://www.lexlevinrad.com/section8
If you are brand new to real estate and want to learn more about how to wholesale real estate and flip houses then please register for the free wholesaling real estate training at this link below:
FREE WHOLESALING TRAINING
https://www.lexlevinrad.com/webinar
FIXING AND FLIPPING TRAINING
If you want to learn how to fix and flip houses I have a fix and flip training webinar at this link: https://www.lexlevinrad.com/fixandflipwebinar
DON'T FORGET TO SUBSCRIBE TO THIS PODCAST TO BE NOTIFIED OF UPDATES
SUBSCRIBE TO MY YOUTUBE CHANNEL
http://www.youtube.com/lexlevinrad?sub_confirmation=1
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http://www.lexlevinrad.com
http://www.facebook.com/lexlevinradrealestate
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DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING PROPERTIES
For more real estate tips about property investment, investing in real estate, and how to start wholesaling, download a FREE copy of my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com
In this case study the property can be purchased for $60,000 and would only require a down payment of $12,000 to purchase. After closing costs, the initial cash investment would be only $13,000 and the property would be managed and turn key (meaning you as an investor would not need to do anything).
The Gross Annual Rental Income on this property is $8,400 and after factoring in mortgage payments property taxes, insurance, repairs, vacancy and property management this property would return $2,252 on the investment of $13,000 which is a 17.3% return.
I have all of the numbers and the breakdown at this link: http://www.lexlevinrad.com/section8
If you are brand new to real estate and want to learn more about how to wholesale real estate and flip houses then please register for the free wholesaling real estate training at this link below:
FREE WHOLESALING TRAINING
https://www.lexlevinrad.com/webinar
FIXING AND FLIPPING TRAINING
If you want to learn how to fix and flip houses I have a fix and flip training webinar at this link: https://www.lexlevinrad.com/fixandflipwebinar
DON'T FORGET TO SUBSCRIBE TO THIS PODCAST TO BE NOTIFIED OF UPDATES
SUBSCRIBE TO MY YOUTUBE CHANNEL
http://www.youtube.com/lexlevinrad?sub_confirmation=1
CONNECT WITH ME ONLINE
http://www.lexlevinrad.com
http://www.facebook.com/lexlevinradrealestate
http://www.twitter.com/lexlevinrad
http://www.instagram.com/lexlevinrad
http://www.linkedin.com/in/lexlevinrad
http://www.pinterest.com/lexlevinrad
https://plus.google.com/+LexLevinradrealestate
DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING PROPERTIES
For more real estate tips about property investment, investing in real estate, and how to start wholesaling, download a FREE copy of my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com
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