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All Forum Posts by: Nick Fitzpatrick

Nick Fitzpatrick has started 6 posts and replied 55 times.

Post: Did I make a mistake in approaching this deal? Is it a fair deal?

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

I agree with Jon, always be honest and buying next week at auction may be the best way to secure this property, due a title search!

Post: Please help! Looking at a Multi to buy, First Timer!

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

Petru,

I am also from California and recently purchased a SFR in Indianapolis, I have only had it for a few months but if you need any help or advice about the process reach out and I would be more than happy to help.

Post: Massive RE Investor Summit!! SF Bay Area, Oct 2014

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

Count me in, sounds like it should be a great time.

Post: SF Meetup - Fri, 4/25 in SF w/ Josh Dorkin & Brandon Turner

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

J Matrtin, count me in! Looks to be a great group and look forward to chatting with everyone!

Im in state with two rentals and just bought my first two out of state recently. Looking to talk with more people about various out of state opportunities.

Post: How to best analyze a market

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

Giovanni,

Thanks for the point in the right direction this information is great!

Thanks,

Nick

Post: How to best analyze a market

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

Thanks for the great feedback, where do you typically look to view quarterly reports?

Post: How to best analyze a market

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

I am curious how everyone here analyzes a market when deciding where to purchase? Do you first look at the state as a whole and look at population, job growth, median or average income, % renters, property taxes ext. Or do you look directly as the micro climate that is the city or county area you would be investing in first. Also what resources are there out there to help with this, I have been just pouring over US Census Bureau Data and Googling and would love to hear how others here on BP are getting their information.

Post: PMI versus Income Property

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

Your property may have appreciated enough to over come the 20% depending on what market your home is in. And after two years on the loan the PMI can be removed if 20% loan to value has been reached.

Post: Recommendations for Property management company in Ocala, FL.

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

I am wondering if anyone here has a good Property Managment Company that services the Ocala, Florida area. I am purchasing a home and looking for one. I have a few calls out but am getting hit with higher rates (10%) along with full month rent for placement + $350 fee's to advertise and +$100 for lease to be drafted by lawyer. I am not sure if that is normal for the market, but seems high to me so any recc's would be much appreciated!

Thanks,

Nick Fitzpatrick

Post: Santa Rosa Meetup - Wed, Feb 12, 2014

Nick FitzpatrickPosted
  • Property Manager
  • Santa Rosa, CA
  • Posts 56
  • Votes 16

Yea fun time, was great meeting everyone and appreciate the conversations made me look at a few things in a new light!