Looking For Cashflow

Hi,

I'm looking for multi-family properties in sw florida, if you have something please contact me via my profile.

Thanks,
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Comments(4)

  • KyleGatton24th July, 2003

    Mike,
    I noticed you are from Cape Coral. Why is land so cheap there? There seems to be a slew of deals to be had out there. I was looking at a waterfront land deal that I can get for 30Grand. It sounded to good to be true. Is there more like that out there or did I just fall into a phenominal deal? And to answer your question, I dont have any right now, but if I come across anything I will let you know.

    Kyle

  • 64Ford12th September, 2003

    Can you be more specific as to what cities you are interested in at SW FL?

  • jeffcc18th October, 2003

    everything has a "market" value. don't compare one market with another.
    the key is to buy below market so you earn your money when you buy. thats the bottom line. my formula is max purch price = after repaird mkt value x 70% minus est. repairs, mkt costs, contingcy, interest, etc.

  • GFous18th October, 2003

    Quote:
    On 2003-07-24 12:59, KyleGatton wrote:
    Mike,
    I noticed you are from Cape Coral. Why is land so cheap there? There seems to be a slew of deals to be had out there. I was looking at a waterfront land deal that I can get for 30Grand. It sounded to good to be true. Is there more like that out there or did I just fall into a phenominal deal? And to answer your question, I dont have any right now, but if I come across anything I will let you know.

    Kyle


    If you think Cape Coral land is cheap, you should be here only one year ago when land was 1/2 as much!

    Cape Coral is absolutely booming.

    It is true that there are not many good mutlfamily deals - small ones - but there are wonderful opportunites in taking over the big complexes.

    [addsig]

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