All Forum Posts by: Andrew Kougl

@Andrew Goodwin

Watch out for taxes though, yikes!

@Nicholas Gessner

I have a referral for a commercial lender too if you need one.

I'd say you need to narrow in on your goals. At that price point you could invest in a small number of appreciation markets which would be the only reason to be okay with minimal to no cashflow. If you increased your budget to say 300k, a lot more inventory would be available to you.

It'll be much easier to find cashflowing markets that fit that price, but it doesn't seem like cashflow is a main factor for you. So I'd figure out what aligns more with your investment goals, appreciation or cashflow? You rarely, rarely see both especially with where we are in the market cycle.

@Rob Bergeron

Hey Rob, I'm also interested in multifamily in and around Lexington. Those two people you mentioned, are they wholesalers or something else?

I haven't worked with one yet but am currently vetting some. They seem to be extremely busy or nonresponsive so it's proving to be quite the challenge. Good luck! 

@Jevon W.

Congratulations on being part of such a huge deal. Can you share what your expected return from your investment will be?

@Chris Brown

Hi Chris, I do. Feel free to message me for the referral. I own a SFH in Chicago Heights.

@Lee Stephens

I'm in the same boat as you with analyzing deals but I'm looking at multi-family. I see a great potential listing then find out utilities are covered by the landlord and so that turns it into a bad deal. Some listings don't say what's covered and it makes calculating the noi difficult

The loan is 44k! At that amount the interest rate is of low importance.

How are you cashflowing $500 after PITI and reserves? What's the rent on a property worth 44k?

@Erica Raby

Message me if you still need a referral.