All Forum Posts by: David Taylor

@Corey Robert Leet @Jordan B.

Hi! Corey what was the verdict? Did you purchase in Winona?

Jordan let’s connect and chat we are looking at a few properties in Winona. Did you happen to go to the schools (k-12) here? What was your experience? What was that website for the block to block rental? Any other unique qualities about Winona you have found? 

@John Kutrzeba

@Aaron Ram

@Ariam K. 

Ariam - great post! So years later what ever happened? Did it work?

Aaron great response!! Thank you!

John - glad you found it too. How did it work out for you??

@Terrence Robinson-Brown hey great post! Its been four years later - where are you now? Were you able to do more than 2 FHA?

Hi Biggerpockets nation!

We are looking at our very first property. Looking to do an owner occupied triplex commercial zoned.

All three units are spacious with a nice layout. All currently rent for market value.

At first look, siding needs to be replaced and the roof should be updated within next 3 years. 1 broken window and garage door need to be replaced. Landscaping is a must.

Were looking at doing an FHA 203k renovation loan. Has anyone ever done one? What were the ups and downs?

Anyone have a good suggestion when finding lenders and contractors that have done similar projects? What not normal (compared to a conventional) question(s) do I need to ask?

Thanks,

@James Wise really great response thank you!

@Dave DeMarco woah! Very helpful thanks!

@Kyle J. @Arif Siddiqi

Would it then make more sense to refinance them?

@Alanna Schroeder

We have an opportunity to purchase STR Cabins right on the mississippi river here in Wisconsin. Between Eau Claire, La Crosse and Minneapolis.

How have you liked yours?

@Mark S. thanks! 

Hi BiggerPockets comrades! 

We are looking at a commercial property and recently got the previous owners last 3 years of P&L. They broke down the expense by category, but they immediately started annotating a number of other expenses they put towards this property that were for other properties. I.e repairs for one location but they wrote it off for this one; fuel and depreciation on vehicles; and subscriptions. 

As they got savvier the NOI decreased over the 3 years.

How do I best determine *my* anticipated expenses vs estimated income? 

Thanks! 

#cabin #vacation #rental #commercial