Zack Childress' Tips For What to look in Positive Real Estate Business

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Zack Childress’ Tips for Real Estate Business

Transcript of Zack Childress' Tips For What to look in Positive Real Estate Business

Page 1: Zack Childress' Tips For What to look in Positive Real Estate Business

Zack Childress’ Tips for

Real Estate Business

Page 2: Zack Childress' Tips For What to look in Positive Real Estate Business

Zack Childress strategies to finding positive real estate

Look for high yielding suburbs. Buy properties that are 20% or more below the median

price in the area. Target properties bringing multiple incomes. Renovating and adding value to the property. Targeting student accommodation. The process of buying positive cash flow property.

Page 3: Zack Childress' Tips For What to look in Positive Real Estate Business

Look for high yielding suburbs • High return on the invested capital.• Suburbs in your neighborhood that give about 10%.• About 30% in the resale profit on the amount that

property was bought.

Page 4: Zack Childress' Tips For What to look in Positive Real Estate Business

Buy properties that are 20% or more below the median price in the area

• A good deal.• Property that is below the market price and then rent or

sell it at the market prices.• A larger profit margin than any other property in the area.• See also:

Zack Childress Real Estate Investing Lead Generation Part 1 of 4: Communication

Page 5: Zack Childress' Tips For What to look in Positive Real Estate Business

• Properties with more than a single source of income enables.

• You cover the cost of maintenance.• A bit of the money invested during the buying of the

property.• For example, properties with a granny flat.

Target properties bringing multiple incomes

Page 6: Zack Childress' Tips For What to look in Positive Real Estate Business

Renovating and adding value to the property

• Renovating the house adds some value to the piece of property.

• A valued added house is able to fetch some extra rent due to better features.

• Quality service.• You can increase rents for the existing tenants after

renovating the house.

Page 7: Zack Childress' Tips For What to look in Positive Real Estate Business

Targeting student accommodation

• Student flats have some of the highest returns owing to the few needs, smaller units, and high occupancy rates.

• College opening a branch in the area, consider investing in hostels.

• Students also have little problems experienced when managing regular tenants.

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The process of buying positive cash flow property

• Search for multiple properties in different areas.• Average lag in selling property, capital growth rates, and

clearance rates.• Estimate value of the property using the latest sales data

and data from comparable properties.• Analyze the property cash flow and the likely growth in the

long-term.• Make a forecast of the income that the property is likely to

bring in the long-term.• A good deal as it increases the return on your investment.