Some investors want nice areas but are willing to
accept less cash flow.
Not exact matches
Smaller landlords who are in precarious positions with their mortgages are
less likely to screen tenants effectively, out of a misguided desire to create
cash flow by
accepting any tenant at all.
So the only difference then between you and me is you are willing to
accept a lower overall total
cash flow for 30 years in return for getting more net
cash flow than I do during the first 15 years, whereas once my properties are paid off in 15 years I will have considerably
less risk of losing them and will outpace your returns over the next 15 years.
Perhaps also consider advertising it as an executive home for sale or long term lease - something with
less of an initial commitment, then negotiate for a later sale while
accepting cash flow from it.
if you want the deal to not only give you the
cash on
cash return you desire and a good
cash flow per door, factor that into your price but understand that means you may be up against someone who will
accept less than $ 100 / door and thus be able to pay more.