Raising rents with this poorly Managed Property

Getting Consistent income is really every investor's dream. Having income every month has a better chance. This home in Lyndhurst is a perfect example of consistent income and growing equity. Over the years rental amounts have gone up over the years.  Let's look the approx numbers  2020 tenant moved in Feb net $9115 2021 tenant moved out oct net $8141 2022 tenant moved in Jan 2022 Net $8571  2023 Net $10,174

2025 Net $1,644 Total rental income $45,994 We purchased the property in 2019 for $80,000 with $10,000 rehab and today that property is worth approx  over $220,000. Let's look at the Approx Returns on this home.  Approx Equity $130,000 + $45,994= $175,994 The return is Still approx 39% return.  Need Good consistent income and equity?  2 tenants Call me (Brett) 216-703-5740 Key Realty or WhatsApp me

 

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See our results @ https://realincomeproperties.blogspot.com/

 

 

Why pay High Commissions? When can you get a better commission and the SAME SERVICE?

25 Year Realtor 1200+ properties  Contact Brett 216-703-5740 Key Realty  Award Winning and Mega Million Dollar Producer

 

 

Purchasing Real Estate is just the beginning. You need all the stuff afterwards, especially Property Management because that is the life of your property.  Listen to this important Podcast and  Contact Brett 216-703-5740 Key Realty and Property Management  Go to: https://realincomeproperties.blogspot.com/ to see all our clients Success