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All Forum Posts by: Jake Silverman

Jake Silverman has started 14 posts and replied 50 times.

Post: CA resident looking to invest out of state

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

@Mark Albini I would love to discuss BRRRR strategy in Indiana with you.

Post: Why are house prices in Honolulu, HI going down?

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

I've noticed in forecasts that house prices in Honolulu, HI are going down. Does anyone know why? Also i've noticed many of the houses have been on the market for a very long time (even before COVID.) 

My wife and I currently live in NYC but she grew up in Hawaii and we're ready for a change of pace and are currently looking at properties. Any insight you can share would be very helpful! 

Post: is Lakeland FL market good for rentals?

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

@Gavin Welch have you invested in mulberry? I’m looking at a property there and would love to learn about your experience

Post: What Markets to look at now and post Pandemic?

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

@Alex Olson hey Alex I’m interested in OOS investing. If you have any deals in kc let’s talk

Post: is Lakeland FL market good for rentals?

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9
Originally posted by @Gavin Welch:
Lakeland has been a strong rental market since 2008 and continues to be a good place for decent returns.  Recently, Bartow, Winter Haven, Mulberry and some of these smaller towns continue to produce great numbers.  I've even flipped properties as far south as Ft. Meade. 
Stay away from east (Combee Rd) Lakeland and you should be ok.  The city is divided into two parts north and south.  I-4 is the boundary.  North side properties are typically newer and less expensive while you get more expensive and established neighborhoods and the downtown area in the southside.  The universities also provide great opportunities, but the father east you go, the closer you need to examine the neighborhood.
Good luck

Can you expand on your thoughts about Mulberry? I saw a great CoC return there but it seemed too good to be true.

Post: Anyone have experience investing in Tampa or Ocala?

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

I live in NYC and Im looking to invest multi family properties in Tampa or Ocala. Has anyone had success in that market? Looking to build a team!

Post: Feedback on deal - Jersey City

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

@Joe P. Where can I get this spreadsheet

Post: Deal Analysis for house hacking

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

@John Warren 

Hey John, 

Thanks for replying. Can you send a link to some sites where I can purchase a spread sheet that might work?

Post: Deal Analysis for house hacking

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

I want to use the deal analysis calculator for a multi family property that i want to house hack. I will occupy the unit for a year or two and then rent it out afterwards. How do I input the front end loss of rent for that unit and then apply the rent for the time after we move out and rent it out?

Post: Fha loan in analysis

Jake Silverman
Posted
  • Investor
  • Jersey City
  • Posts 51
  • Votes 9

I want to use the deal analysis calculator for a property that im considering buying with a fha loan. I will occupy the unit for the first 6 months or year and then rent it out afterwards. How do I input the front end loss of rent for that unit and then apply the rent for the remaining time?