All Forum Posts by: Giovanni Pisano

Unfortunately I did not and the property I was looking at fell through.  However, I did google a few that had good reviews so I suggest trying that.  Good luck.

@Ryan Moyer

Those numbers look great, congrats. Thank you for sharing. How far is it from Disney?

@Ryan Moyer

I’m curious how much an 8 bedroom is in that area? Are you willing to share your numbers?

Hi John,

I have not moved forward.  Would like to hear you out to see what you suggest since you're in Columbus.  

This will be my first multifamily and looking for some advice/guidance. Would you purchase a 14 unit consisting of 7 duplex's in rural Georgia?

The numbers look great so far.  Asking price is $320k and units are rented for $500+/- with only 1 vacant at the moment.  Tenants pay electric and owner pays water and garbage at about $900 per month.  The condition of the units are decent. Could use updates but not needed.

My concern is that it's about an hour away from a major city (Columbus, GA). Population growth shows a slight decline since 2010 and the crime rate is below the national average. The city currently has about 850 total residents.

Another concern is finding a good property manager.

Lastly, how you recommend financing this?  What type of lender should I look for?

Thank you in advance.

Hi, I'm looking for a good property manager near Columbus, Ga. Was anyone able to find one that they can recommend?

Hi, I'm looking for a good property manager near Columbus, Ga.  Was anyone able to find one that they can recommend?

@Cory Iannacone Very nice work! This is inspiring.

This is great advice. I think the JV agreement route is my best option right now. Thank you.

I would like some advice on how to structure a flip with a new partner. I have done a few flips already using my LLC and hard money. However, I have a partner interested in doing the next one. We will be using a hard money loan to fund the deal and sharing the costs of the down payment and repairs 50/50. Can the property be bought using 2 LLC's or should we open a new LLC together? I assume a new checking account will have to be opened in both our names but how will that work with 2 LLC's if we are able to go that route? Any other advice that someone can provide would be appreciated. Thank you in advance.