The best way I have found to find cash flow properties is to go to your local craigslist and specifically go to the "all housing" section and type in "cash flow" in the key word search. I have been successful finding dozens of deals consistently with 30% NET CAP rates in several cities on the east coast and the mid-west, but I am not giving away all my secrets:)
Hope this helps,
D
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I would expect that using craigslist to locate rental properties that are listed below market or are from motivated sellers will generally provide a greater likelihood of locating high cash flow properties. If a property is being advertised as a high cash flow, I wonder why the owner is not holding on to it as a good investment.
Hi Coach many thanks, Jim
jbischoff