All Forum Posts by: Bob Kaufenberg

Good afternoon Ari,

I will in Tucson next week and would welcome some insight on various real estate strategies and areas of town. 

Hello Sean,

This sounds like a really good one to go to and I would love for my wife and I to attend but we will both be attending a the work thing! I look forward to seeing and attending the next one.

Hi BPers. I'm looking to purchase a duplex that rents for $1300 per side. The taxes are $3600 per year and insurance is $1400 per year. Management fees are 5%, repairs are 5% and cap ex is 5%. If the seller is looking for a 7-8% cap rate how much would his ask price calculate to? Is more information necessary or can this information give me a rough idea? Thanks, any help is appreciated. 

Hi BP'rs

My question is I am over 60 and can draw from my 401, so if I do draw say $20,000 and pay the tax up front will I be penalized or taxed again if I use that money for the purchase of a investment property? All help appreciated.

Thanks Ari, I will contact you when we get down there and maybe coffee someplace.

Looking for a greet and meet with investors in Tucson AZ to discuss the communities, rental potential, and management. This would be an out of state investment new to our portfolio but excited to explore.

Hello Benjamin, my wife and I have plans to travel to Tucson and research the area. Can you share your contact at Genesis?

Hello Dana,

I'd like to have a look at your property if it is still available? [email protected]

Thank you.

Can I ask about the Management Company? Who are they and what are they paid? How long have they managed the property?