All Forum Posts by: Jason Muenchow

I'll also be managing the property myself.

Hi guys, thanks for the response. ARV roughly 225k. Loan is at 4 percent.

Thank you for taking the time to read my post. My wife and I are purchasing a duplex and I was wondering if anyone was willing to critique the deal. The basics: 
Purchase price - 175k
Gross rent - 2000/month
Taxes - 2300/year
Insurance - 2000/year
Down payment - 20%
Rehab to property - 10 - 15k
Building is a 1 story block duplex.

Please let me know your thoughts. Any feedback would be appreciated and have a wonderful day.

Here is a question im sure you guys have answered a million times...In Florida, what do you think is a good goal to set in terms of income per door?

Hello all...I'm looking for an agent who specializes in mutifamily units (3-4) in the Sarasota, Manatee, Pinellas County areas. Please PM me if you meet this criteria. Thanks for your time.

I personally stick to 2 to 4 unit buildings because of the residential loan aspect of it. Ive spoken to a few commerical lenders in my area about different properties, but honestly...the balloon payments in 10 to 15 scare me off.

Welcome to bp! I own a few units in the area and am looking for my next triplex or fourplex. If you know of anything feel free to send it my way. Hope to work with you in the future! Best of luck

I'm searching for a residential multifamily in the Manatee County/Sarasota County area. Preferably 3 to 4 units and 2+bed/1.5+bath units.  Needs to be in a C+/B neighborhood (Good Neighborhood is important). Thank you for your time and I hope someone has some good properties for sale. Thank you.

Thanks, I sent you a message. Everyone else please feel free to post what you feel on the subject.

Hello everyone! I own a few units on the west coast of Florida. I typically stay north of the Sarasota area. However, I've got an off market opportunity to purchase some units in Nokomis, Florida. I was wondering if anyone had experience in that area in terms of the rental market and growth. Do you feel this is a good area to purchase a buy an hold? Thanks in advance.