House Made of Money
Here is a great article that I wanted to share with you.
It talks about the opportunity for investors to realize
high cap rates with single family home rentals:
Also, I know of a portfolio of 8 single family homes
available on the south side. They are all rented out
and they are grossing $15K each. The taxes are low,
and at an asking price of $520K, you are looking at cap
rates between 13% and 15%!
Also, if you are just looking to pick up one or two properties
to start your portfolio, I can assist you with that as well.
You can get a brick single family home, with 3 bedrooms,
already rented out for $1,250 per month.
Those will run about $90K per house. And, these are turn-key
investments!
Until the next time,
Mark Killion
Kale Realty
542 W. Roosevelt Rd.
Chicago, IL 60607
Visit me online: www.773property.com
EQUAL HOUSING OPPORTUNITY
