All Forum Posts by: Moty Wall

Beacon on Broad

please send your marketing flyer to:

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I would like to join, however I am in Europe for awhile and the time difference is too big.

Is there a way I can get the transcript?

Assuming all your expenses are accounted for, you will have, according to your numbers a yearly return of 885x12=10,620$ on investment of around 320,000$ ( 20% down).

That is around 3% cash on cash. BAD investment!!

No go!

How about investing in Cincinnati, OH?

I can give you leads over there.

Send me direct message.

I haven’t seen management fees. If you such fees your cap rate will be less. you must recalculate.

I am invested in Columbus but mostly in Cincinnati. I started in Columbus investing in SF. The reason I moved my investment funds to Cincinnati is that I found a very good property manager in Cincinnati.

My point is that there are properties everywhere but the most important factor  must and should be the management team!!!  A good manager will make you happy. Bad manager, even if the property is B class and up, will make you regret.

So, first look for the right manager and the rest will come.

I hope this helps

The loan is fixed for 5 years. At the end of this term I’ll have to return whatever is left of  it or refinance it. The important thing is that the amortization of the loan is 25 years which leaves more cash to you.  You can easily check it with mortgage calculator and see how much you can actually make cash on cash.

I hope it’s clear enough.

Sorry, 45% of the gross would be more or less your expenses