Just came back from Europe a few days ago and visited for the first time- beautiful Sevilla, Spain!
In between delicious tapas and amazing architecture, I checked the option of real estate investments and ....surprise, surprise! In spite of the "low" prices of Spain real estate, returns are very low- maybe 2%-3% at the best.
So- I am showing you a photo of two beautiful Sevillian patios- and my recommendation would be visit- but not buy there :-), as many US locations still offer way better returns!
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So- how can we help you invest your money successfully NOW?
1. Indianapolis:
Because of lack of "turn-key" inventory we tweaked a bit our business model.
Now- Carelocations locates the properties for you out of the MLS, Brian (our local realtor) screens them, we make an offer and sometimes get the house in spite of the competition.
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Redland |
2918 Redland Dr., Indianapolis
3bedrooms/2.5baths, 1368 sqf.
Built in: 2001
Purchase price: $84,000 (cash transaction)
Forecasted rent: $1100
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Brandenburg |
3bedrooms/2.5baths, 1516 sqf
Built in 2004
Purchase price: $97,000 (loan transaction)
Forecasted rent: $1050-$1100
ROI: 22% ($20k down only!)
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2. Kyle (Austin) , TX
Coming soon... hardwood floors and tenant that just moved-in!
175 Myrtle Dr., Kyle, TX
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Myrtle |
Built in 2006
Purchase price: $135,000
Rent: $1250
Estimated monthly cash-flow for cash transaction: $796!
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3. Phoenix, AZ
We can still find for you condos under $100K, I just bought this one for $80,500!
My down-payment: $20,000 only!
807 E. Cochise Rd., Phoenix, AZ
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Cochise |
2 bedrooms/1.5baths, next to golf courses and with beautiful mountain views! Remodeled with laminate floors and upgraded bathrooms!
Rent: $750 in the regular market
Rent: $1800 for short term rentals!
My investment strategy???
Rent to short term tenants and wait till it appreciates - because it will!
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SO- let me know which area or property best matches your needs or just tell me what should we look for - and we will find it for you, in any of those locations!
Contact me at: naomiesal@gmail.com
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Information deemed to be reliable but not guaranteed. Investors are advised to conduct their own due diligence before purchasing.
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