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All Forum Posts by: Nate Ziegler

Nate Ziegler has started 2 posts and replied 3 times.

Post: Good Deal Or Too Good To Be True

Nate ZieglerPosted
  • New to Real Estate
  • Austin, TX
  • Posts 4
  • Votes 6

@Jonathan Greene

Duplex 1: $675/600 rents, list price $119,000

Duplex 2: $700/700 rents, list price $120,000

Single family: $675 rent, list price $76,000

These are located in Dayton Ohio, specifically Belmont, I found them because I was running analysis in this area because I know an investor who owns properties/ is looking for properties in that market and wanted to help/ get my foot in the door/ potentially partner on a deal.

They have been on the market for around 60 days ( one red flag that that I noticed)

Post: Good Deal Or Too Good To Be True

Nate ZieglerPosted
  • New to Real Estate
  • Austin, TX
  • Posts 4
  • Votes 6

Recently, through scrolling through listings in one of the markets that interests me I found a "package deal" of two duplexs and a single family house. The information shown on the listing says the current rents of the tenants in each unit. And, through running the numbers based off of the listing prices, I have found that they should all cashflow at or above an 11% ROI. I am a new investor, meaning I dont currently own any properties, and think that househacking one of these while owning the other two (all in the same neigborhood) might be a great start, especially after looking at all the numbers.

All in all does this sound too good to be true and/ or way in over my head? Or is this a deal that I should dive into?

Post: What Comes Next After Self Study

Nate ZieglerPosted
  • New to Real Estate
  • Austin, TX
  • Posts 4
  • Votes 6

Hello! I am a new investor who wants to get active in real estate. I have done a lot of self teaching and think that I have gained a ton of crucial knowledge. That is why I am posting here on BP. I am wondering if anyone has any tips to share on the topics of new investors, rentals, getting to know people with experience, and specifically the act of getting your feet wet after self educating. I look forward to connecting with you and hearing feedback!