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All Forum Posts by: Nick Shri

Nick Shri has started 31 posts and replied 214 times.

Post: Multi-family Rental with an ROI of 15%

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

Congratulations! Well done. 

Post: Buy and Hold Townhome - Baltimore MD

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

Congratulations! Well done...

Post: 1st Small Multi Family Purchase

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132
Quote from @Aj Parikh:

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $415,000
Cash invested: $44,000

We found this property on Crexi.com and we reached out to the seller and turned out he was really motivated to sell and was tired of all the repairs and dealing with the tenants. We were able to negotiate 100k below asking price

Nice! Congratulations!! I am hounding you now :)

Post: First Real Estate Purchase

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

Great story! Where is the Condo? DC, MD or VA? I am a little surprised to see that level of appreciation in a Condo, but happy to see it work for a fellow investor!!

Post: Jamestown BRRRR (our last)

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

congratulations! What is the arv? Did you refi? What is your CF?

Post: Student Rental in Fayetteville

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

Well done and congratulations! What occupancy do you anticipate during the school year?

Post: Second Deal in Tenessee

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

Well done and congratulations! 

Post: cash flowing over 2k a month with a BRRRR

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

@Stefanie Bergmann Congratulations!! What type of challenges did you come across? What would you advice noobs to 'watch-out-for' when BRRRRing first time? Thanks for sharing your adventure!!

Post: Massive BRRRR Win in Cincinnati!

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

@Joseph Cornwell First of all Congratulations!! I am assuming this wasn't your first BRRRR, just reading it dissuades me from pursuing something of this magnitude, lol! Was this in a Class A neighborhood?

Post: 2nd Investment Property

Nick Shri
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 216
  • Votes 132

@Trent Barga well done! Love to read these stories of folks doing things pro-actively. What market is this property in? Is this an appreciation play or cash flow or both?