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Investment Property

Jeff's Investment Corner
Top investment property picks for the month of November

Contact Jeff for more information

 


Welcome to my investment page; hopefully you will find it useful. This page and the properties on it are designed for real estate investors, the key word is investor. If you are looking to make a quick buck, this is not for you. If you are looking to truly invest in real estate this may be for you.

This number changes a little bit every time I see it, but 90% of all millionaires made their money in real estate. Where else can someone put down a small percentage of the purchase price and finance the remainder. The leverage you have on your money with real estate is unmatched by any other investment.

Now, can real estate lose value? Absolutely! We are seeing that right now. But historically real estate appreciates in value between 5 7%. Now just think about that for a second. You can put a small amount of money down on a property and have it appreciate 5 7% off of its full value.

Personally I believe that over the past few years real estate appreciated too fast so the correction we are seeing now is overdue. If feel this is great time for true real estate investors. A true investor plans on holding the property for a minimum of 3 years. If that is the case, you do not need to time the exact bottom of this market. Im not sure anyone can do that. However, if you choose your properties carefully right now, you could do very well in the next few years.

On the right are some properties that I found that have positive cash flow for the investor. Yes, after mortgage, insurance and taxes they still have positive cash flow. We have not seen that in a long time! Please be sure to do your diligence on these properties. Check area rents, vacancy rates, and without doubt have the properties inspected by a certified home inspector.

If you would like to arrange a viewing for any of these investment properties just let me know. Ill be happy to set it up for you.

                       Jeff Gould
 

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Investment Opportunity 1

Multi Family - Tampa, FL

14 Units, fully rented
Approximate Sale Price $570,000
Current Annual Income $94,000

10% Down
9% Interest Rate
Estimated Annual Expenses Including Hazard Insurance and Property Taxes $31,000
Estimated 1st Year Net Cash Flow $17,000


Investment Opportunity 2

Multi Family - Sulphur Springs Area - Tampa, FL

2 units
Approximate Sale Price $180,000
Current Annual Income $25,000

10% Down
9% Interest Rate
Estimated Annual Expenses Including Hazard Insurance and Property Taxes $8000
Estimated 1st Year Net Cash Flow $2000
 


Investment Opportunity 3

Multi Family - Sulphur Springs Area - Tampa, FL

2 units
Approximate Sale Price $125,000
Current Annual Income $18,000

10% Down
9% Interest Rate
Estimated Annual Expenses Including Hazard Insurance and Property Taxes $6000
Estimated 1st Year Net Cash Flow $2000

 

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