All Forum Posts by: James Bolt

thanks, just did not know the acronym was. 

I'm sorry but what are "STR"? I'm from St Johns FL and go down there often.

Thanks Jim

Good morning Hector.

I just finished filtering thru 300 (it seems) properties just like your doing. I live in Jacksonville FL so I also know what you're feeling and going through. The first thing I'd tell you to do is put together a great team. (Property Manager will be key (make sure they are licensed and insured), an investment realtor (they know the neighborhoods in detail) also I have a lender that will go as low as 45K on investment properties. 

I closed on my first Duplex November 15. It is a 4/2 on the bottom and a 4/1 on the top and already has tenants in both and we just renewed their leases for another year. Perfect area for investors! you picked a great spot.

Maybe you and I should talk further.

Jim Bolt

It went through conventional lending. 25% down.

Hey Ke Nan. 

I tried in Jacksonville but even the experienced investment realtors were telling me "If you can get $300 a month in net income, your doing great!" Here are the numbers on the first house.I must have ran the numbers a hundred times. It came out to $823 in expenses and in the area Section 8 is paying $11400 to $1600 a unit. I love duplexes its always X2. We are going to spend about 20K to bring it up to par but defiantly worth it.

Keep me informed on how your is coming. Where are you looking to buy?

I look forward to networking with you.

must have ran the numbers a hundred times. It came out to $823 in expenses and in the area Section 8 is paying $11400 to $1600 a unit. I love duplexes its always X2. We are going to spend about 20K to bring it up to par but defiantly worth it.

Keep me informed on how your is coming. What state do you invest in?

I must have ran the numbers a hundred times. It came out to $823 in expenses and in the area Section 8 is paying $11400 to $1600 a unit. I love duplexes its always X2. We are going to spend about 20K to bring it up to par but defiantly worth it. Where do you invest?

I must have ran the numbers a hundred times. It came out to $823 in expenses and in the area Section 8 is paying $11400 to $1600 a unit. I love duplexes its always X2. We are going to spend about 20K to bring it up to par but defiantly worth it. 

Keep me informed on how your is coming. Where are you looking to buy? 

Good morning all,

I'm Jim Bolt and a new investor. I live in Jacksonville FL and Just bought my first Duplex in Ashtabula OH.

I have a licensed Real Estate Agent, Licensed Property Manager and two Lenders (conventional and Hard).

To be honest this is to be my retirement. If i had known about this years ago I would have done it then. 

Any advice, mentorship or direction would be greatly appreciated. 

Thanks again,

Jim