All Forum Posts by: Logan Zanki

Hi everyone, I saw this conversation going on and I thought i would also pop in to introduce myself.    I currently own a few rentals in New Jersey but I sold them and I'm moving to Wilmington beginning of August.  

If your open to forming a networking group, I would be more then happy to have a meeting twice a month or once a month. 

If your a wholesaler, please contact me directly me directly.  

I have someone that is going to walk away from their home and is willing to let me take over.  I'm not looking to live in the home, I just want to rent it out. 

Here's the break down

First mortgage 139,750.22 Insurance, taxes and mortgage is $1,525

Second Mortgage 50,000 payment is $150.00

Its a 3 bedroom 2 bath, off street parking and a full basement unfinished. 

The going rent in the area is $1,800.00-$1,900.00 for this type of unit. 

Does anyone have any suggestions for me or should I just pass this up? 

It looks like were in the beginning stages of the rest of the world pulling away from using the US dollar. What effects do you think it will have on real estate currently owned and realestate you purchase in the future.

Here's a link to an article where China and Russia have agreed to no longer use the US dollar for trades between them selves.

http://www.ibtimes.com/china-russia-currency-agreement-further-threatens-us-dollar-248338

thanks for all of the tips. I'm going to inspect the attic this week and mostly put insulation down. Then I'll look in the vents, but if I do the vents won't it drive up the units heating bill in the winter because the attic will have the outside air?

it's a really old house, the third floors ceiling is more like a drop ceiling with not a lot of insulation

Last year the tenants in the top floor of my Multi family home had a lot of trouble with the heat. It was like they were living in a sauna. There's no central air, they just have window AC's.

Can someone please give me recommendations as to what I should do? Should I have someone cut a hole in my roof to add an Attic fan?

@Joe Butcher thanks for that review. Hopefully that helps other people, or better yet maybe someone can provide something that you haven't used and something I don't have on this list.

Here a list of websites To determine values.

Which ones do you like and why?

Free Comps Sites

• Zillow.com
• Trulia.com
• PropertyShark.com
• Realtor.com
• Redfin.com
• Eppraisal.com
• FindCompsNow.com

Paid Comps Sites

• RealQuest.com
• HomeSmartReports.com
• Redfin.com
• Realtor.com
• PropertyShark.com

Thank you for all of your help @J Scott

As for the other people that were un happy with me tricking them with my header, I'm sorry BUT I'm not sorry, because it got me the answers I needed. Before starting this post I posted this topic two times with no answers and under 100 views. I changed the title and got 196 views with in a few hours and got three different answers :-).

@Wayne Brooks you've been helpful in the past before, thanks for giving me suggestions again.