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All Forum Posts by: Martin Nowak

Martin Nowak has started 15 posts and replied 34 times.

Post: leverage

Martin NowakPosted
  • Investor
  • Columbus, OH
  • Posts 34
  • Votes 11

I had a similar question regarding leverage...I have 5 properties, 2 of which are paid for and 3 are financed.  finance amounts are roughly 27K, 38K and 124K.  I am at 100% occupancy and have positive cash flow for all of them.  What would my next step be to leverage "slightly?"  Or am I over leveraged currently?  Is there a rule of thumb in terms of leverage?  Also, what is considered decent positive cash flow for a single family home?  Is turning $150/mo profit worth it or $200 or $400?  Whats a realistic goal?  Any other thoughts?  Thanks in Advance!!!

Post: Columbus, Ohio Member

Martin NowakPosted
  • Investor
  • Columbus, OH
  • Posts 34
  • Votes 11

@Drew Murray, I'm new as well and living in columbus, have you heard the best areas to invest in for renters in Columbus?

Post: Neighborhoods in Columbus, OH

Martin NowakPosted
  • Investor
  • Columbus, OH
  • Posts 34
  • Votes 11

@Barclay Hallowell what areas do you recommend in Columbus? I'm starting off myself. 

Post: I'm 15 years old. Any advice on starting out for real estate?

Martin NowakPosted
  • Investor
  • Columbus, OH
  • Posts 34
  • Votes 11

Save your money first.