All Forum Posts by: Jessie Niu

I've been using cozy.co to collect rents, and are very happy about it for now.

As a RE investor, we really need to forget about Dave Ramsey for now.

I own several duplexes, and plan to do brrrr strategy to get into the bigger game. I have free & clear property but would like to do cash-out refi to free up more funds. But again, I am comfortable with the kind of debt I have, they are long-term, fixed, low-rate debt, and I know that I am not over-leveraged.

HOA missed paying for a very small amount of tax, that's why I don't buy anything with HOA, such as condos.

Forget about Cleveland, Cleveland is HISTORY. Invest in Columbus and Cincinnati if you are interested in Ohio markets, both are top 10 best multi-family markets in the country. Others are Dallas, Atlanta etc.  

I owner occupy one of my duplexes, and rent out the other side of this duplex, the rental income pay for the PITI, can't be happier.

Yes 4plex works better for investment purpose, but it's hard for someone with kid since 4plex is usually not at a good area.

 1. COREE: this is the biggest one, meet the 1st Tuesday each month

2. Landlord meeting : free meeting, usually meet on the 3rd Thursday each month

3. Focus group meetings by COREE on each Tuesday

Besides the books, I like Peter Harris and Michael Blank's youtube videos. Both also has podcasts on apartment buildings.

 wow, $2.3MM just on repairs. Could you share some numbers please? Such as the projected gross rents.

NOI could be lower, but 52% is still reasonable. What class is it? Do you have any money to put down ?

Regardless how the market is, price high or hot, there's always a way to negotiate and structure the deal, just changing the strategy for different market.

Nothing should stop you, multifamily/apartment building is the way to go.