FAQs

Why are you in the markets that you are in and how have you chosen them?

We’ve created a propriety algorithm to establish the markets that make sense for real estate investing. It consists of local linear economies, employment, percentage of population that rents, landlord friendly states, development plans for that particular city, etc.

How long has CFS been in business?

Since 2011, typically selling between 15-20 investment properties per month.

How many properties do you guys sell a month, year?

We have sold over 1,700 properties as we sell approximately 180-240 properties, per year.

Why are the properties shown on your website all sold?

Our turnkey operation is a bit unique in that we don't stock inventory or blast properties from an available list to share with the public, rather, we have a VIP Investor Queue where our clients get EXCLUSIVITY to all of our properties. Only the investors in our VIP Queue get the opportunity to see our exclusive, inventory. This allows us to offer exclusivity to our clients while eliminating bidding wars.

How do I get into the “Investor Queue”?

The investor queue is a fair method to distribute the available rent ready properties. You are placed in the queue in the order you’ve open escrow. It is a 2 step process, first you get prequalified with our exclusive lender. Then, you wire your $2,500 deposit to escrow.

Is the $2,500 deposit an extra fee or a deposit?

The $2,500 deposit is NOT a fee. It gets applied to the purchase of your property. Once you select a property, the deposit becomes the earnest money of the property you’ve chosen, now adhering to all earnest money regulations.

Do I get my deposit back if CFS can’t find a property that suites me?

Absolutely. You will get your deposit back, minus any wire fees, charged by the escrow company. No questions asked.

Do I have to put in another $2500 if I want to buy another home?

Yes.

Do you have any relationships with banks you can refer us to?

Yes, Ridge Lending Group is our exclusive lender. They are licensed in ever one of our markets/states and specialize in out-of-state-investors with an emphasis on turkey investment properties.

Are your properties located in war zones?

No war zone properties. We typically buy and sell B+, B, B-, C+, C and C- properties.

Do you sell properties that have Section 8 tenants?

We do sell in areas where Section 8 is accepted and our extensive screening process eliminates factors (in Section 8 tenants) that can potentially cause problems in the future. However, when the Section 8 tenant vacates the property, you will have the right to determine if you would like to accept Section 8 tenant or not.

What happens if the property manager you work with, skips town?

We are big on diversification and have several property management teams established in each of our markets, both of which know of each other, keeping a healthy competition and everyone honest. These are the same property managers that manage Matt and Mercedes personal portfolio and all of our investors. We use this as a muscle and the ability for you to leverage our relationships and resources.

Which market do you recommend and why?

All of our markets meet our investment criteria, however, it really depends on the your purpose AND deal flow. We sell properties to clients based off the deals make the most sense for you, the investor.

How do you find your properties?

In each market, we have different acquisition sources, that range from wholesalers, HUD, REO specialists, bird dogs, probate, real investors, agents or through our direct mail campaigns.

Do you hire an inspector for each property before CFS purchases it?

For the most part, we do hire a third party inspector however, it depends on the deal and it’s time sensitivity. However, when you purchase a property from us, we allow you a due diligence period where you can also hire your own inspector, whether we refer you to an inspector or you find your own. Inspections are never a bad idea.

Are these properties below retail/market value?

By how much? We purchase based on cash flow, but depending on the deal and considering the current market conditions, we always attempt to sell properties a bit below market value when buying our properties all cash.

Is the rehab work warrantied? Is your rehab team licensed?

Yes, the rehab work is warrantied for one year and our team is licensed.

Is CFS the actual property management company?

No. Our property management teams are an extension of our company, with no affiliation or ownership, strictly a relationship we introduce you to. Because we operate in volume, often representing a majority of their business, our clients get preferential service.

How do you choose your property managers/rehabbers?

Referrals, through our networks, extensive interviewing…

How old are the properties you typically sell?

It depends on the market but you will always be told the age of the property, in the property description of the property profile.

What’s the property management fee?

Management fee is between 8-10%.

How do does CashFlow Savvy get compensated?

Epic Real Estate/CashFlow Savvy are often the owners of the property, either directly or indirectly (through partnerships, sister companies or affiliates). We make a profit from our sales or get compensated by the partnership companies.

Do you screen tenants?

Yes. Our tenant selection process is quite extensive and has been perfected throughout the years. It is important to remember, if the property management company does not collect the rent, no one gets paid. Not the property manager. Not you. Therefore the screening process is on-point!

How much does a turnkey property cost?

Our properties typically range from $80,000 to $150,000 for Single Family residences.

Will I get any help/assistance/education during the process of buying a turnkey property?

Absolutely! We help, guide and provide input as much as you’d like. We are big on educating our clients but are here to serve your needs. Our more seasoned investors tend to navigate the process and reach out when they need help but if you are a beginner, we will hold your hand throughout the entire process. Regardless, you will be assigned a personal transaction coordinator that is there to make your entire process, smooth.