Real Estate Investment Club of Ontario
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Real Estate Opportunities |
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May 12th, 2011 ~
From my experience usually the 'connected', committed and serious real estate investor find pre-power of sale opportunities.
As an investor you develop a business plan, determine how you will market your services, put together a team and become serious about doing business with a win-win-win attitude.
Then the word will spread that you are the 'go to' person for these deals as long as you can produce results.
Below are a couple of opportunities in SW Ontario that you may or may not have already received.
Remember, there are tons of deals out there you just have to know how to find them.
All the best.
Chris
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Property #1
Purchase Price $50,000
Market Value $65,000*
Rental Income $7,800*
Expenses: $2,206*
Allowances: $780*
Net Operating Income: $4,813!!!*
CAP RATE: 9.63%*
ROI: over 27%*
Cash Needed to Purchase $14,450*
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Property #2
Purchase Price $56,000
Market Value $69,000*
Rental Income $8,400*
Expenses: $2,448*
Allowances: $840*
Net Operating Income: $5,112!!!*
CAP RATE: 9.13%*
ROI: over 25%*
Cash Needed to Purchase $15,925*
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Email us if you have questions or want to learn more!
1-866-72 REICO
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