All Forum Posts by: Donald Muschany

Hey Tim you are correct I should ad more for that. The rental is in great shape it has a newer roof does not appear to need anything major. I used the % based off what the worksheet suggested. With that being said even how the worksheet is currently does it appear to be a bad deal?  

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 That's a really good point about last min renters. Thanks for the advice.

Hey everyone I am looking at getting my 1st 4 family. This is from what they say a turn key fully rented 4 family with several upgrades. Its 170,000 and worst case each door would rent for 400 and the adverage in the area is 525. My question is since its fully rented is it normal to look at each unit before purchasing or how does that work? This is not a mls proprety.

Thanks everyone for any input.

@Cirilo Villar hey man go to a credit union or try amex or a local bank they are easy going on credit cards. Try to get one with rewards and not a lower % and pay it off every month. This way your not paying interest and you can get gift cards for lowes and home depot to help support your investment. Sometimes you have to get a secure credit card where for example you give the bank 1,000 and then you have a credit card with 1,000 limit (your money) and that's a easy way 100% to get started with a credit card if all else fails.

Hey guys I am very new to investing I have done 2 deals and they worked out great however I found them by dumb luck. Lately I've been looking for property but it seems like most of the wholesalers in my area are shady and there's no great deal on the MLS. Craigslist and Facebook marketplace seem to be all the same wholesalers any suggestions on how you find your Investments?