All Forum Posts by: Cory Iannacone

@Greg Gangle thanks!  I make any repairs necessary to prevent larger issues (structural, water issues, code issues, etc.). I only make the cosmetic repairs (upgrades to interior) if they result in enough of a higher rent and will also help with renting the apartment out more quickly to better tenants (and also reduces future vacancies).

@Mary Johnson thanks!

@Michael Kimmell thanks!  I’m a lawyer.

Thanks! @Randy Gutierrez @Michael Elia

@Michael P. 2020 Goal: To be at 50 Units Total

@Veronica Cabrera Thanks!  That sounds like something specific to your lender.  While I account for reserves in my analysis, my bank has only mainly been concerned with my income from my real job (asking for my tax returns and last 2 paystubs each time I purchase or cash out refi).  Try asking around to different lenders.  I spoke to 20+ lenders before I found one that I thought offered the best terms. 

thanks, @Travis Wylie

@Nicholas Hoffman Thanks! The license gets you access to MLS, which gets you more information on comps in the market (and new listings). It makes it easier to view new listings which come on the market too. I will be flipping my single family house next year, so that will save me around $6,000 right there.

@Morgan Madill @Denisse Lara @Kyle Schlosser @Jason Turgeon @Erik Smith @Giovanni Pisano @Justin Hayden

 THANKS ALL!

@Michael P.. Of course I will sell you one--for the right price.