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All Forum Posts by: Douglas Vogel

Douglas Vogel has started 19 posts and replied 101 times.

Post: Current personal REI project #4 - MF in NE Minneapolis!

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Johnny Nelson how is this property doing for you?

Post: First rental property in Minneapolis area- need help

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Arshad Khan I would reach out to @Matt Higgins. He has a management company and is very knowledgeable in the greater Minneapolis market. If/when I move into the market in MN, I will work with him based off the conversations I have had. I don't get any kickbacks just figured he would be a good resource for your realtor/management needs.

Post: Birmingham, AL

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Jason Weeks thats awesome! let me know how they go for you!

Post: Birmingham, AL

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Jason Weeks we have been in Birmingham and Huntsville for a while just haven’t found anything that is meeting our investment criteria. What about you?

Post: Huntsville AL Property Managers

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Kiley N. We should jump on a phone call! Bham has been stagnant. Inventory doesn’t hit the shelf before it’s gone at way above my comfort level for the owners current financials. Interested to hear your story on the 12plex!

Post: Huntsville AL Property Managers

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Dave DeMarinis unfortunately I haven't found a good enough deal to purchase. I am very conservative in underwriting and buy off of current financials and current fair market rent. I don't "count" on rent appreciation to make a deal work which has me on the sidelines right now (always overbid) but that's ok, I am not willing to risk the market turning on me. I'm actually looking at SFH while still keeping my ears to the ground for MF. How have things been for you?

Post: 2020 will be a challenging year for the housing market.

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Matt Higgins where are you buying MF? We should connect. Birmingham in particular is so competitive you can’t find a good deal being an OOS investor.

Post: 2020 will be a challenging year for the housing market.

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@John Morgan

I did a little investing in Corpus Christi while I was stationed there so I know what you mean! I like the 15 year am but I also like the flexibility of 30 year am.

Sounds like you’re doing pretty well, don’t sell yourself short!

Post: 2020 will be a challenging year for the housing market.

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@John Morgan what market are you investing in? How is your cashflow working out?

Post: Huntsville AL Property Managers

Douglas VogelPosted
  • Rental Property Investor
  • Washington
  • Posts 104
  • Votes 31

@Lars Hasseler sounds like you are on your way to success! Huntsville is a very competitive market but I know your investments will cashflow and appreciate for you if you can buy at the right price. Keep us updated on how Huntsville is working out for you!