Kc Property Group

The investors I work with are purchasing homes in the west valley of Phoenix (zip codes: 85033, 85035, 85019, 85016) for average sales price of $75K. These are bank owned homes that have been in default for approximately 12 months. At the start of the purchase they are putting about 10-15K to remodel the home, and most appraisals are coming back at 60-80% of the purchase price. With that being said, I come on board, lease their house(s) out within about 30-45 days while getting around $1075-1250 per month on rents. Therefore, they end up with anywhere from $300-$600 positive cash flow per month, per house. One of the investors I work for, quit is "day job" in December to perform accusations and purchases of investment properties. He now owns 8 properties and has a positive cash flow of about $2000.00 per month, just on rental income. He would be more than happy to speak with you further if you are still interested in the purchase of investment property. Please do not hesitate to contact me. Bonnie 623.329.8066 - Mon Jun 9 2008, 23:05

The investors I work with are purchasing homes in the west valley of Phoenix (zip codes: 85033, 85035, 85019, 85016) for average sales price of $75K. These are bank owned homes that have been in default for approximately 12 months. At the start of the purchase they are putting about 10-15K to remodel the home, and most appraisals are coming back at 60-80% of the purchase price. With that being said, I come on board, lease their house(s) out within about 30-45 days while getting around $1075-1250 per month on rents. Therefore, they end up with anywhere from $300-$600 positive cash flow per month, per house. If you have further questions, please do not hesitate to contact me. Bonnie 623.329.8066 - Mon Jun 9 2008, 23:01

HI Michael!
I am a property manager here in Phoenix and have been in property management business for nearly 10 years. Currently, I work with approximately 10 different investors, managing nearly 60 homes. I just started my own property management company in January, after leaving the apartment industry. I usually rent out my vacant houses within 14-21 days. If you are interested in speaking with me further, please do not hesitate to contact me. Thanks! Bonnie 623.329.8066 - Mon Jun 9 2008, 22:54