All Forum Posts by: Nathan Murith

Hi @Will Morehead, congratulations on doing the work!

We invest in STL and are always happy to share what we know and help others. Please do not hesitate to DM me if you want to discuss in more detail.

We conservatively go with these numbers for utilities: $40/month water, $30/month trash, $100/month sewer, $50/month lawn care (which it seems like you may be doing yourself). This are of course numbers we use assuming we rent our both units in the duplex, I.e. not househack like you are trying to do. Property taxes we call the county assessor's office to get the true number. we like to use 5% of rent for reserves for cap ex (big stuff like roof), and 5% of rent for repairs.

it all depends on your goals, but if you look at your numbers above, you can either look at this and say you investment property is losing you $218/month, or you can look at it that living and your rent is only $218/month. I am not sure where one could live for $218/month :-

please reach out, happy to share other tools, tips, tricks, info we have if interested!

Hi @Prashant Kuchi, welcome and congratulations on taking the first step in the journey!

We also live on the West Coast and invest remotely in STL. We’ve been investing in the Midwest for a few years now.

Happy to share all the tips, tricks, tools, knowledge, network, we have. I still remember the days when we were getting started.

Please do not hesitate to reach out and DM me, happy to spend the time sharing what we know.

Would love to help!

Hi @Yohanes Udjiawan, welcome and congratulations on doing the work! While we do not have properties in Indianapolis, we have some in Northwest Indiana and other parts of the Midwest.

I still remember when we got started and am happy to share any and all resources we used and still successfully share with people getting started.

Please do not hesitate to reach out and DM me, happy to help!

@Lei Lo congratulations on doing the work and welcome to BP!

As an investor and parent myself, I can speak a little to both 😀

We put more importance on the school scores to choose where to buy a rental, if the school scores are met, the distance does not matter to us as much. 

As a parent, we drive more than 2 miles every day to drop our kids off.

Happy to share more about what we do and don’t do. If you are interested in chatting more, please feel free to reach out and DM me.

@Nicholas Adams, great job helping her out by posting here. Maybe one of the first steps would be for her to join BP and start to learn from some of the great content and people in this community?

In any case, happy to share what we know: tools, tips, tricks, guides, resources, etc we used when getting started.

Please do not hesitate to reach out and DM me!

Welcome @Shannon Glanton and congratulations on taking the first step on this amazing journey!

I still remember when we were getting started!

Please feel free to DM me, happy to help provide all the tools, tips, tricks, resources, checklists, etc we used when starting. We recommend this stuff a lot to people getting started and it is always well received.

We put aside a few hours a week to help people at “level one”, as you say, so please reach out!

Congratulations again!

@John Martinez welcome and congratulations on getting started.

We mainly do buy and hold single-family. Happy to share our experience, tips, tricks, and what we learned along the way in building our portfolio.

It may not be what you are looking for. In either case, please do not hesitate to reach out and DM me.

Hi @Rosa Lepore,

One of the greatest things about private lending is that you, as the private lender, can do and request whatever you want. You make the rules when lending your money, so you can do whatever feels comfortable for you provided that the borrower agrees (and you haven’t scared them away with your underwriting 🤣).

We have done a bit of private lending and have some resources we like. Happy to share, do not hesitate to reach out and DM.

@Kate Jones congratulations on taking the first step: deciding you want to get your first deals!

Well done!

We do out of state investing in the Midwest. We also have some good friends (extend family) in Louisville

We love to talk all things real estate and to help people get their first deal. Please do not hesitate to reach out and DM me, happy to chat directly and see how we can help!

@Dhwani Shah, I love it! Just basic, raw, and authentic! Simple but true. Kudos! Too many people try to complicate this whole thing too much.

I can relate particularly well as I am also in tech and also have been just taking one step at a time to make that optional. When we started years ago, I couldn't see momentum. 

Now, we have a portfolio that could cover most of our large bills but we still invest that return instead.

Well done, and keep it up!

If you ever want to talk Midwest tech, let me know. While I am not located there, I have a lot of folks I work with out there.