Investors Dream - Rent Ready, Leased Properties w/positive cashflow at Foreclosure Prices

So, the dream has become a reality. Investors looking to build portfolios of rental properties with positive cashflow without the headaches of updating/renovating and then finding a qualified renter has finally reached the market place.

Two examples are new investor listings I have just placed on the market at 2950 Dale & 3151 Robin in Decatur, GA - both of which have tenants in place ($725/mo. and $750/mo. - traditional rent, not even Section 8), have been modestly updated to be rent ready, and are both listed under $37,000. These are just two of a large portfolio of properties that one of my clients is looking to liquidate.

This is an ideal situation for the out of town investor who's looking for a low-maintenance cashflow opportunity or the "first time/green" investor who's looking for a way to get into the world of investor properties. If you study the MREI model (Millionaire Real Estate Investor model) you'll be able to walk into an investment with eyes wide-open, knowing exactly what your yield is, reducing your holding costs since it has a tenant in place, & eliminate the need for immediate repairs/upkeep.

Bottom line - this is like entering a pool on the shallow end - like 3 inches deep, we're not even talking knee height. No need to be thrown in the deep end and drown with "learning lessons" about what not to do when these have basically been gift wrapped for you. Some people like "getting dirty and rolling their sleeves up", other people look for leverage and opportunity. These properties are clearly for option B who truly would rather focus on counting the $$$ in the bank than counting the months of holding costs/repairs as they get off the ground and attempt to start running.

Please feel free to call or email for more information on these or other properties soon to hit the market.

Michael Neville

404-310-8364

Mike@LiveInAtlantaGA.com

Keller Williams Realty Atlanta Midtown