All Forum Posts by: Gregg Heminger

 Thank you Randy!

 Maybe at least initially. Haven’t heard a good answer yet as to whether or not the Prop Mgt companies up here do anything other than collect rents and list availability. 

In the lower 48 do you all have this issue or does your Prop Mgt do lawn/snow as well?

 Thanks for the heads up Will!

 Thank you!

Planning the hold - building for the future!

Thanks Josh Lyons - rooting for you!

Living in Fairbanks is very unique indeed Nicole. Finding the right deal has been tough - read well over 50 listings and analyzed a good number of them using the BP calculators. 

My son and one of the partners in our venture is a RE agent - so being knowledgeable about the properties is super helpful. 

Our 4-plex came on the market and for some reason was blacked out for showings. It listed for $299,900. Good bit of price differential from the 48. 

We ran the numbers and based on what we have to invest in it, it should produce $900 in cash flow a month and approx 16.5% cash ROI.

We are going to hold it and learn about managing a property for the next year and do it again. 

Thanks for all the kind words and encouragement!

Thanks Megan!

Made our first purchase yesterday - a 4 plex in downtown Fairbanks, Alaska!  Have been studying all of the webinars, books, all the BP posts I can find. We decided it was time to stop filling our heads and start building a portfolio. You all have been super helpful and encouraging. Thanks!