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All Forum Posts by: Noam Ofan

Noam Ofan has started 11 posts and replied 98 times.

Post: Recommend Indy neighborhoods for buying rental SFH

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Samuel Penrod - Do you recommend buying new construction home to hold as a rental or the numbers don’t make sense?

Post: Recommend Indy neighborhoods for buying rental SFH

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Michael Fialkowski what kind of rental income do you get from a $200K 3/2 in Sunblest Farms? 

Post: 5 Questions to ask your Rental Property Management Company

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

Very useful info. Thanks for sharing @Ron Nir

Not long ago someone posted on this forum how difficult it is to find a good PM in Vegas. These questions help weed out some of the not so great PM before choosing one to work with

Post: Who's had recent success BRRRRing in Indianapolis?

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Simon Stahl, Can you share how much you paid for the property?

Thanks again for sharing all the above numbers

Post: Who's had recent success BRRRRing in Indianapolis?

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Simon Stahl

When you say you ignored the property style when looking at comps - Did the wholesaler provide you with comps or you got them elsewhere? 

And how far off was the wholesaler on his:

  • Rehab estimate
  • ARV estimate

Thank you for sharing your experience

Post: High Rise Condos on North Strip

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Darius Ogloza  

Thanks for your insight 

Post: High Rise Condos on North Strip

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Marty True

I appreciate your insight. Do you know numbers in these examples you gave? Like, how much a condo would cost to buy, how much it would rent for, and how much HOA is? (even ballpark)

One more thing, a few years ago it was difficult to get a 30 year fixed on a condo. Do you know if this is easier now?

Thanks again!

Post: High Rise Condos on North Strip

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

@Marty True

What are the numbers on a typical condo deal you'd consider investing in at Veer Towers, Waldorf Astoria, or The Martin? 

Post: First Flip - 225K profit, more luck than skill on my end.

Noam OfanPosted
  • Investor
  • El Cerrito, CA
  • Posts 108
  • Votes 26

Amazing job. Congrats!