All Forum Posts by: Prashanth Sundar

Hi,

We are out of state investors looking to acquire a MF building in Bethel, OH 45106. We are looking for property management company that you recommend that would service in this area. 

Also please provide any insight into the rental demand and future growth in this area.

- Prashanth

Thank you for the insight Perron. Greatly appreciate it.

Hi all, 

I am an out of state investor. I am looking at a MF in 63112. I came across this thread as I am researching the St Louis Market. Can you advise on the housing demand and neighborhood in / around 63112.

Thanks,

Prashanth

 @Shane Boyle

Try using the calculators here in biggerpockets that will help you structure your deals. 

This thread is an year old but hoping to get some replies. 

I am seeing a lot of MF up for sale from Carbondale. Is there any specific reason that a large inventory is up in the market.

@Charanjit Singh Did you end up buying anything in Carbondale. How did your experience turn out.

Would love to connect with you and learn from your experience. I live around Edison as well.

Does anyone have a regular rental in Wildwood area. I am looking at a regular rental with good cashflow, not a vacation rental. However i came across some articles regarding the high crime rate in Wildwood. I am not familiar with the area and wanted to reach out to someone who has insight or own any properties down in wildwood. I plan to have PM in place for this. What do you think of a good cashflowing property investment in wildwood. Apart from increasing insurance rate, what else should I be looking at when I analyze this.

Hi, I am looking at a 2 Unit buy & hold in Westside. What do you guys think of the WestSide location.

Carlos - Is this still available. Please let me know.

Thanks much Derek. 

As mentioned I am a beginner in REI and am still learning the ropes. For the properties I have researched, I have see around 5 to 6% for most with the exception of few being around 8 to 10%.

This was a bank owned property which the seller acquired 3 yrs ago for around 150k and rehabbed to rental standards. Been renting for last 3 yrs and now is on sale for $410k. Location is the key for this. 1 unit occupied is by a section 8 tenant who's on a year lease.

The seller doesn't foresee any immediate repairs but again will know more during inspection. 

Hi,

I am a new investor who got introduced to this forum recently and in a short time being here, I am amazed at the knowledge/resources shared here and the willingness of everyone to advise and guide others. I thank you all for everything you do here.

I am currently looking at one of the 2 family 1960's home in NJ which is listed at $410,000. I will be looking at the property soon, but want to get a headstart. Unit #1 is rented at $2100 and Unit # 2 is vacant as the owner was using it for family / AirBNB. I am told that unit # 2 can be easily rented at $2100 as well given its location. This is one of the few investment properties owner has and is offloading few of them to diversify his investment, I was told. Roof, Electric, Plumbing, Central air/heat recently done (3 yrs approx). The property will be listed at $430k once it goes retail and the owner is sitting on one offer.

I have attached the Rental report from the BP calculators in here which shows me $500 monthly cash flow. 

I want to hear of what you think of this and any advises you may have. What am I missing to see / ask here. Sorry about the repost.

View report

*This link comes directly from our calculators, based on information input by the member who posted.