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All Forum Posts by: Nik Frid

Nik Frid has started 16 posts and replied 35 times.

What other costs can be added here that an investor faces, and for which there is not always enough capital

property management fees?
maintenance?
insurance?
property taxes?
utilities?
recurring expenses?

Post: What other costs can be added?

Nik FridPosted
  • Wholesaler
  • Posts 41
  • Votes 26

What other costs can be added here that an investor faces, and for which there is not always enough capital

property management fees?
maintenance?
insurance?
property taxes?
utilities?
recurring expenses?

Has anyone used the OnDeck or Fundbox platform for a business loan?

My friend is wondering if he can use a personal loan to cover an EMD (Earnest Money Deposit)? And if possible what online services can help with this?

Where can I find this information on the official Fannie Mae website?

Quote from @Robert Ellis:
Quote from @Nik Frid:

Could you recommend any multifamily real estate investor meetups based in Ohio?

thank you


 Within multifamily there are still many niches. 2-4 units (small res), large institutional investments, affordable housing, build to rent / development, mobile home parks (considered multifamily by many), mixed use, syndication limited partner investing etc. I think for columbus you need to pick your niche within multifamily. if your amount of downpayment is the big driver of it then I'd look at investing as an LP in a deal or buying a small single family or multifamily. There are also geographic differences too. just my 2 cents. I think you can get a lot further online than joining a meetup but meetups are great to go to. but you need to have a focus or no one can help you 


Quote from @Jim Pfeifer:

If you are interested in active investing check out COIN - Central Ohio Investor Network.  They meet monthly in Columbus and have an active Facebook group.


 thank you

@Arn Cenedella Thank you. Can you please recommend local businesses that can help with the painting?