All Forum Posts by: Jeff Alwine

Hello all. Hope everyone has kept themselves safe. 
I'm new to the world of real estate investing. I live in Manassas, VA- a pretty western suburb of DC. My issue when trying to run numbers on potential deals is that the best areas for rent-to-asking price ratio seem to be about 1-1.5 hours away from me. It seems positive cash flow is POSSIBLE closer in to the city, but with not a truck load of cash, the best places for me appear to be out toward the interstates. I'm looking either SFH or small multi-family.
My question is whether or not it is possible, (read “logical”) to invest in property I intend to manage without a pro, that is not just a quick drive away. Does anyone have success with this or am I better off finding a property manager? 

Good morning,

Your spreadsheet looks great but I’m thinking there may be a math issue- you have values listed in your monthly expenses as per unit but did not double that value when you get to the bottom part. 
You’ve got $559 listed but by my math, it should be $408 per unit times the two for a total of $816. 
I’m totally new, so if I’m wrong, please let me know. Also, thanks for the inspiration in doing some practice-deals.