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All Forum Posts by: Michael Kazalas

Michael Kazalas has started 3 posts and replied 24 times.

Post: Options for cash only passive RE investments

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

If you need it to be an all-cash investment, how much cash are you willing to put into a deal? I might be able to assist

(Feel free to send me a dm if you dont want to disclose this information publicly)

Post: Hi, I'm Jake 👋 NASA W2 looking to invest

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

Hi Jacob - welcome! If you ever want to discuss buy/hold opportunities with prop management in place I'd be happy to chat. Best of luck!

Post: Mid-term rentals (where to start)

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

Hey Brady - we are doing MTRs and I'd be happy to connect 

Post: Cash Flowing a Mid Term Rental

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

With today's market I think it's important to get creative with sourcing/structuring deals in order to make them strong investments. A few things to think about: Can you inherit the current financing terms?, Buy property off market to cut out some seller costs and get the deal at below-market value, Would an interest-only loan be best for your hold-term and strategy?, Would the seller consider keeping a partial equity position and retain prop management duties? (this helps expands your geographic targets if you don't have to manage), etc. 

What are you targeting for returns whether it be IRR or cash on cash? Happy to connect if you'd like

Post: Looking to Connect

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

Great idea shooting for MTRs - we have one in Phoenix and it's performing really well. Happy to connect with you!

Post: Padsplit / Co-living is treating me well so far.

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

We just took on a newly renovated Padsplit in Mesa right now and have full occupancy but I'm curious how Turbo Tenant compares to Padsplit pricing 

Hi Karl,

I live here in Pittsburgh - happy to have a conversation to answer any questions you may have.

Hi Rachael! Do you have desired cashflow % for the STR and are you going to outsource property management or self manage?

Post: Looking to network

Michael KazalasPosted
  • Pittsburgh, PA
  • Posts 24
  • Votes 2

Welcome Frankie! Would be happy to connect. 

What is the hoary test?