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All Forum Posts by: Aaron Arnold

Aaron Arnold has started 10 posts and replied 38 times.

Post: 35 unit apartment value

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20

@Edward Liu now that is interesting. I was thinking about studios being more transient but hadn’t really thought much about quality of tenant. Thanks for sharing!

Post: 35 unit apartment value

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20

I’m looking at a 35 unit apartment building North of Kansas City. All units are studios and should each rent for around $350. All utilities are billed back to the tenants. The building is supposedly at 90% occupancy. Appears to have little if any deferred maintenance. I’m not sure it’s truly turnkey but definitely not a mess either. I’ve run some numbers on what I think it’s worth but I’m hoping someone with some more experience can give me a better ball park. Just let me know what additional information you need. Thanks!

Post: Re-zoning a group of 4-plexes

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20

@Michael Gravallese my thought process was regarding the property’s appraisal. I was trying to gain a more favorable value by buying the homes based on comps and then essentially repositioning them by simply switching to a commercial appraisal which would be higher.

Post: Re-zoning a group of 4-plexes

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20

Is it possible to re-zone 4 consecutive 4-plexes into one 16 unit complex??

Post: Re-zoning a group of 4-plexes

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20

Is it possible to re-zone 4 consecutive 4-plexes into one 16 unit complex??

Post: Self directed IRA and a Parent

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20

Can I use a self directed ira to invest in a business in which a parent is a co owner who owns less than 50% of the business??

Post: Investor meetup in Saint Joseph, Missouri November 11

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20
@Pat Jackson this is awesome and I would love to attend - the new brewery is great - but I’m out of town. I hope that you will continue to schedule meet ups. Looking forward to catching the next one!

Post: Greetings from St Joseph Missouri

Aaron ArnoldPosted
  • Rental Property Investor
  • St Joseph, Mo
  • Posts 38
  • Votes 20
I am a new investor in the St Joseph Missouri area. I’ve been a BP member for a few months now but have been listening to the podcasts for some time. I haven’t heard them all yet but I’m getting close. I’ve gained a ton of knowledge which I’m currently putting to use as I close in on my first deal. I’m looking to meet people in this area so I thought this would be a great place to continue my networking efforts. Looking forward to making some new connections.