All Forum Posts by: J.D. Barton

Hi all,

We currently own 24 units around Devils Lake North Dakota. We have 16 units (2 buildings) in one town and 8 units (2 buildings) in another. We have a property manager in place but feel like they are stretched too thin. We are currently struggling to make the money we thought we would because of a lack of follow-through on getting the renters to pay. My wife and i feel like we have to babysit our property manager to get the job done. We are in search of a new property manager or company to help us handle this. Please let me know your thoughts?

Hi all,

I am an investor and a real estate agent.  I am looking for multifamily properties in North Dakota.  I would prefer around Devils lake but I am willing to look at anything in ND.

Thanks in advance.  I look forward to hearing from you

This is my first time posting on here... so don't beat me up.

I have a townhouse in montana that is ready to rent.

Let me lay this out. We bought this townhouse for $176000. We currently owe $128000 on a 15 year mortgage at a 2.75 interest rate. We are roughly two years into the 15 year mortgage. Are mortgage is $1,225 / month. We are asking $1,500 for rent each month. I don't think we are asking too much for rent but when I posted my townhouse online, we got beat up in the forums saying that are rent and security deposit of $3,000 was outrageous. We have a brand new set of Apartments down the street that are renting for 1380 dollars a month 3 bed with just a carport. My townhouse is on a quarter acre with a two car garage, 3 bedroom 2 bath.

I haven't had it on the market for very long. But at this point I am really considering selling it and not dealing with tenants. Please let me know your thoughts on this

@Olivia Jones... thank you Olivia

@David Cruice... Thank you David.

Wanted to introduce myself. My name is J.D. Barton. I am a real agent with Keller Williams in Kalispell montana. I love BP's podcast. I have learned so much and I am excited to meet others on this forum