All Forum Posts by: Grayson Spittel

@Kevin Fox If you're in the area, you should definitely come to the Wilmington REI meet up on March 3rd at 7pm at Waterline Brewery. Hope to be able to talk to you more about what you're doing.

But with a $1000/month rental, and an $850 P&I, you’re going to be cash negative if you factor in your need to save for cap ex, maintenance, vacancy, and PM (usually 8-12%) of monthly rent.

@Roberto Lopez

I think your property tax amount is for the total year, but you have it being paid out per month

@Ryan Webster fantastic question - one of my biggest reasons for asking is the “gap” that I think I’ve seen in the # of quality books written on the topic. While there is so much advice from real estate investing at large which is applicable to this space, I hadn’t yet found a book primarily geared towards the small multi family arena. Looking forward to checking out these recommendations though, just for the simple ability to keep reading and learning.

 Thanks for the offer but going to eat beforehand - see you there at 7!

Have read through a few "decent" small multifamily books, however, wondering if there are any recommendations out there that other people have found helpful? Thanks so much in advance!