All Forum Posts by: Jonathan D.

Need help finding AC replacement for SFH in Ashland KY; entire unit needs to be replaced. Would love advice on getting a used uint to save on costs.

- Thanks!

Want to sell single family home in Savannah GA, Georgetown neighborhood. The current lease was signed in February, rent is $1800/month. Fully managed by local management company. Mortgage is on an assumable loan with a rate of 2.8%, $1260.78/month and $38/month HOA. https://www.zillow.com/homedetails/108-Junco-Way-Savannah-GA...

Never expected it to be over a $B but still not playing. That's just me - no offence to the players!

Life's a game of chance unlike chess where you make one move, we know the possible outcomes and all the information is on the board.

I love it and wish I had it years ago. 

I love the podcasts also have solid commitments on attending all the future live events, see you there @Mike Parlante!

The online training is a little dry but I learned tons of stuff that you will not get from any other courses. It is totally different than single family approach. I feel like I'm part of a network of multi-family operators since signing up for his course. I plan on doing coaching next and have high expectations for the 'law of the first deal'.

Its not cheep, and not for lookers and tire kickers. There are some high quality folks in the mix and the value is having them as part of your network.

I think that the most important lesson to learn is how to find people willing to invest $100K at a time when you have a deal to fund. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $130,000
Cash invested: $30,000
Sale price: $150,000

Single family home cash flowing and rented out for ~9 years. Sold in 2018 with some equity and debt pay down.

What made you interested in investing in this type of deal?

Girlfriend moved in with me and she did not want to sell in the low market back in 2009.

What was the outcome?

Held until spring of 2018 and sold at market value.

Lessons learned? Challenges?

Lots of lessons learned on my first forte into real estate investing. Too many to list here, but the most important one is to go for it!

Excited for my 1st post - Big congrats to @Collin Schwartz, this thread is on fire!

Thanks for keeping me motivated - my goal is to get to 100 units, then 3000 with time bounds - its possible!