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All Forum Posts by: John Yanko

John Yanko has started 12 posts and replied 88 times.

Post: Negative cash flow?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

I really need to focus on seeing potential improvements for multi families. 

Post: Negative cash flow?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

@Brett Russell I could only hope to find a deal like that In my area

Post: Negative cash flow?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

@Hasan Hamdan good to know 

Post: Negative cash flow?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

Have you ever bought a multifamily that had negative cash flow? If so why?

Post: 3/2 or 2/1 which one?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

@Jesse T.

Yes it would be apartments, thank you!

Post: 3/2 or 2/1 which one?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

@Mindy Jensen

Good advice, thank you!

Post: 3/2 or 2/1 which one?

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

I'm looking into purchasing a multi family, my question is ,I'm sure it varies by location, but  which would be a better investment 3/2 or 2/1 or 3/1? 

I'm guessing 2/1 would have less vacancy but  3/2 would interest higher quality tenants, is this assumption right?

Post: What are the things you do everyday to improve your real estate lifestyle

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

Post on BP daily and read articles. I'm working on reading more books.... Rich dad poor dad is still at the top for me.

Post: Pre-approved tomorrow

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

@Joshua Meyers

Depending on total cost of investment, I too plan to go FHA, but in my case that saved money would go to repairs in an effort to raise value/rent of building.

Post: Pre-approved tomorrow

John YankoPosted
  • Investor
  • Clarendon Hills, IL
  • Posts 89
  • Votes 7

@Joshua Meyers

Very good to hear, I hope that is the same case with this guy I'm dealing with.