East Bay (such as Milipitas, Fremont) and Santa Clara

[caiguycaiguy]

@myo

@wuqijun

That means you cannot get it. Why would I hand out free vacation for no reason? No such thing as free lunch!

Please don’t mislead people into believing that they can buy million dollar homes and get good cash flow out of them. You can’t! Please always do proper research and due diligence before posting. If you don’t have the facts to back things up, they are probably too good to be true.

Sorry, I don’t normally go back and forth on side topic, but you are saying I am making empty claims. I am talking from my own experience which I shared sometimes last year too. Bought it with 838K + reno 50K. Financed 75% out of 837K. Rent 6500 to two groups (there were 2 maintenance call last year - and both of them renewed the lease for one more year with the same rent). Cash flowing $1800 with CAP rate of 6.8%. This come out to about 30% down due to renovation out of pocket, but If you strictly put down 25% of total amount , you still cash flow about $1600 / month.

Today purchase price is changed from 900K to 1.05M, and your return reduced to $1200 / month and 6 CAP.

Maybe you should do your proper research and due diligence before posting. I am here to learn and share, so please let me know if I am over simplifying it.

Could you share the excel template?

[myo]

PM me in like 4 days, I am currently out of country.