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All Forum Posts by: Kurt Michaelson

Kurt Michaelson has started 10 posts and replied 144 times.

Post: How to analyze multi-family

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

NOI and CAP Rates are more applicable for analyzing 10 units or more.

Have you approached, or are you working with a local realtor that has sold duplexes often?

Congratulations on the acquisition and plan to reposition the property.

Post: Oklahoma City investing

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

Post: How do I legally pick a wholesaling name?

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

If you haven't checked with the Secretary of State in New York, you should check out their website for more info about forming an LLC.

https://www.dos.ny.gov/corps/llcguide.html

Post: Great Rental Property

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110
Originally posted by @Antonio R Moss:

Looking to buy a rental property within the next 24 months and I was wondering what are some great states to try out. Also I am anxious to get a team to help. If you have any recommendations pls let me know.

My mother-in-law has a 4/2 for sale in Herington that is listed here on BP. 

Post: Looking for a mastermind group

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

@Tamarra Jean Definitely look for a local meetup and get to know others in the group.

Post: Norman/Moore area investor intro

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

Welcome @Meredith Burt! I'm in Yukon and would be interested in learning more about the criteria you have for any new properties you want to obtain, in the OKC metro area.

Post: Good Wholesale Reading

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

@Jamie DeRossett

Here are a few books I'd recommend:

  • If You Can't Wholesale After This: I've Got Nothing For You...by Todd Fleming
  • Wholesaling Bank Owned Properties: Learn How to Wholesale and Flip Houses by Lex Levinrad
  • The Book on Investing In Real Estate with No (and Low) Money Down: Real Life Strategies for Investing in Real Estate Using Other People's Money by Brandon Turner

Post: Where Should I move to?

Kurt MichaelsonPosted
  • Mustang, OK
  • Posts 154
  • Votes 110

@Account Closed Your budget should help determine where to relocate.

What type of work will you be doing in each of the cities that you've identified, if you were to live there? What is the cost of living in those cities?

What's your timeline for moving and finding a place to live?