All Forum Posts by: Ankit Gupta

Hello,

Is it possible to get the 1% rule or higher for single family home rentals? Additionally, is it possible to score single family properties that bring in rents $6000 and higher? Or do you have to resort to multi family deals at that point?

Ankit

Hello,

Do folks have any references for great property managers in the Cleveland market?

Ankit Gupta

@Mitch Messer do you recommend connecting with any realtors in the Tulsa area?

Hi Erin - do you recommend connecting with any realtors for multi - family units in Augusta? 

Hello,

I'm trying to find the right multi family property remotely. Besides ensuring the property meets the 1% rule, generates good cashflow, decent neighborhood,  what are other questions I should be asking the realtor/owner remotely to ensure the multi family property is a good deal for me?

Thanks in advance!

Hello,

What are best markets for buying a multi family? Below is my criteria:

Turnkey

1% rule

4 or more unit multi family

B class neighborhood

Budget $700K

My sense is that small cities would be best for this criteria. But I’m finding it tough to find anything in markets such as Columbus, OH Cleveland OH. Any other markets I should be looking at?

Thanks!

Ankit

Mitch - are you seeing appreciation in Tulsa and Augusta markets? 

@Erin Azar with the $100 - $400 /month profit deals are you doing 15 yr or 30 yr mortgages? When you say your numbers have worked far better, does that mean you were able to increase your rents easily or you saw appreciation for your properties? Curious as to which markets you are looking at

Thanks all for the advice. This is super helpful!

Hello @Mitch Messer - It's possible to $400/mo cashflow in this high interest market? Which markets would you recommend for these? I was primarily looking at Columbus and Atlanta