Archive for Current News
Purchased by a savvy investor from NY
Posted by: | CommentsThis newly renovated 2 family in Newport KY was purchased by a New York investor for $100,000. The property is fully renovated and leased for $1,300/month and will provide the investor close to $400 per month in positve cashflow with a 75% LTV mortgage. The investor’s total investment will be under $30k and our experienced management team will provide long term quality property management.
Great meeting last night at the LIREIA-Check out the video
Posted by: | CommentsWe discussed several aspects or real estate in today’s market, check out the presentation I did on flipping property in today’s market.
Email mmeyer@nationalreis.com if you would like a copy of the presentation.
Chris
Incline Apartments video from last trip
Posted by: | CommentsHey everyone I was down in Cincinati about a month ago and was able to shoot some great video of progress up at Incline Apartments. Just to recap we are in our fifth month of ownership and have successfully turned around and leased 28 of the 40 units. We are on a good pace to reach stabilization within the next 2 -3 months, at which time the goal will be to effectively manage and maintain the property and tenant base.
You can check out several videos at our youtube channel not only from Incline Apartments but several investment properties we are also working on.
May Newsletter
Posted by: | CommentsUpcoming Seminars
Posted by: | CommentsSold 1004 Overlook cash flow duplex in Cincinnati $85,000
Posted by: | CommentsThis is a great duplex that we are delivering to one of our investors fully occupied at a GREAT price. Currently rented for $1,300 a month and it will be sold for $85,000 making us a nice profit as well. At National REIS we strive to make it a win-win-win situation for all parties.
Newsletter: Current Events and Market Info
Posted by: | CommentsCheck out our newsletter, it has some great info on our markets and recent news about the state of the market.
Current News
Posted by: | CommentsUpdates
See our latest update for SEPTEMBER
Holiday Open House at National REIS December
