Last time we revealed that Phoenix, Arizona, is open for business again when it comes to income property investing. It used to be on our list, dropped off for a while, but it’s back on again. Normally, we don’t hit you with buying recommendations two articles in a row but we’ve just become aware of a great promotion in Dallas, Texas, which has been on our hot list of places to own property for a while now. This one is called a “Fly and Buy” special and was concocted by a gentleman in Big D with a handful of income producing properties he would like to sell. In fact, he’d like to sell them so much that he’s willing to reimburse $1,500 worth of travel expenses to anyone who goes to Dallas and buys a property while they’re there.
The first thing you should know is that this is not just some random “guy” who sent us an email about this deal. Our affiliate, Platinum Properties Investor Network (PPIN), has made a career of recommending prudent, conservative investment properties that make financial sense the day you buy them, a catchy little phrase that means we systematically apply our criteria to the potential investment and decide if it’s something we would buy. The deal needs to prove to us that it will cash flow from the start. If not, well, there are plenty of other investors with lower standards for profit who will be happy to jump on it, lose some money, and loudly complain that real estate investing is dangerous business.
If you want to try dangerous, look for a Wall Street stock huckster.
But back to Dallas. The football team isn’t doing so hot this year but your portfolio could be. Below are some of the particulars of the properties being offered on the Fly and Buy special.
- Purchase Price is $110,000
- 3BR/2BA, 1484 sq ft
- Built in 2008
- Est rent is $1250/mo
- Nice cash flow
The above is, of course, a snapshot to give you a feel for what the deal is. For more information about what we estimate to be a positive $220 monthly cash flow income property deal, call one of our expert team at 714-820-4200 and ask for the Fly and Buy special. They’ll be happy to talk you through the performance projections and decide if it’s a deal that makes financial sense for you.
The Bonus Commissions Team
Flickr / qthrul