All Forum Posts by: Shlomi Mor

@Bob Okenwa down payment I calculated on 25% down 52,500 taxes are 4800$ insurance 1000$

@Bob Okenwa the price is 210,000$ I just spoke to the broker it’s all section 8 tenants I don’t know much about section 8 tenants but I was wondering how would it be to raise rent on a 1 bd unit from 950$ will that be approved? Also the tenants don’t pay utilities now how would that work to have them pay utilities ?

Hi guys I am looking to purchase my first Multifamily this would be a first deal in real estate I found with my broker a property I am thinking maybe a good deal but I would like your thoughts on it . 4 unit Multifamily centrally located in west Chester NY Income 3720$ Expenses Mortgage insurance and taxes is 1276$ a month Vacancy 186$ Repairs 186$ Cap ex 186$ Management 372$ As of now the landlord pays electricity and gas 600$ a month Water and sewer 50$ a month I was thinking if I take the property and put separate meters for water and electric I can have the tenants pay their own utilities Please share your thoughts on the deal

@Lucas Carl is your STR Airbnb ?

@Joe Colasuonno   Yes you are right! what Finishes do you recomend for this area?  Do you think 15 k for repairs is too high? Also are you using management company and if so can u say who? 

@Jonathan Emery  are you investing in Allentown ? Do you recommend to buy and hold properties there as rental? Also can you recomend a management company? 

@Account Closed  can you give me some tips of where to get info on a specific market like mine 

Or any others ? 

@Simon W.  Around linden street...

Do you invest in the area? 

Hi All 

I have a deal im working on right now in Allentown Pa 

I have a 3 unit property for 50K which im financing with 25% down payment 

Renovations and repairs is estimated in about 15K 

There is one studio that can rent for 600$ 

1bd for 750

3 bf for 950 

Does it sounds like a good deal ? Is anyone investing in that area? 

Amit Barman Hi Amit are u speaking hebrew? I am located in NYC i would like to invest can you private message me?