The Massive Opportunity of Overlooked On-Market Rental Properties

"they're going to actually add another floor to the property you know basically build up on that um and they're going to we're going to sell it for 600,000"

"the second one by year three you're going to be cash flowing by year 10 it's going to really be cash flowing a lot"

"but if you bought that other one that's not cash flowing from day one in 10 years it'll be be beating all of them on cash flow"

"they're going to we're going to sell it for 600,000 and I think the market between 600 and 700,000 where they are is really good so like you know they want 700,000 ,000 I tell them shoot for 600,000 and then if we can get there we can get there but if they can make money at 600,000 they're going to do great"

"if you're like no I'm not going to do any of that maybe I'm going to spend $55,000 in each unit patching and painting and cleaning some things up and that's it then yeah near you know in the second year you should be cash flowing for sure"

"that first one would be cash flowing all along you know it's always cash flowing but the cash flow won't increase very much the second one by year three you're going to be cash flowing by year 10 it's going to really be cash flowing a lot that first one will be similar to where it was when you first bought it'll be up a little bit but similar but if you bought that other one that's not cash flowing from day one in 10 years it'll be be beating all of them on cash flow"

"if you're hoping to like charge $1,100 or get the middle of that price so we'll say you know that we'll say that's $1,600 if you're willing to do that it's probably not going to cash flow"

"if you're in 2024 you got to charge 2024 rents you can't charge rents that somebody was charging even in 2014 it just won't work"