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All Forum Posts by: William Ferrell

William Ferrell has started 6 posts and replied 8 times.

hi,

A duplex I am looking at has a furnace and water heater that will need to be replaced in the near future. Would you ask for a credit on the deal for the cost of replacement? It’s my first time experiencing this so not sure what to do.  Alll thoughts appreciated!

Thanks!!

Wil

Hi,

I live in Hong Kong and invest in the states where I am from. I can get a 100k personal loan from a HK bank at 2.6% interest for 36 months.

What is the forums thought on using this as a down payment on a rental in order to keep personal cash reserves?

Thanks

Wil

Hi,

I am purchasing a duplex in Kearney, MO.  Would anyone advise on a reputable home inspector?  I am also looking for a reputable management company as I live out of state.

Thanks for the help!

WIL

Post: Thoughts on Property in ZIP 46226

William FerrellPosted
  • Chicago, IL
  • Posts 8
  • Votes 0

Hey all,  Thinking of investing in a property in ZIP code 46226 around $80K.  I am out of state and don't know much about Indy or the area.  Current rent is $875 with a high cap rate ~7%.  Any thoughts on the location??

Thanks!
WIL

Post: Investing Near the Airport

William FerrellPosted
  • Chicago, IL
  • Posts 8
  • Votes 0

Thanks for the info! I am looking for a buy/hold and rent strategy.  The house is on Sunbury Dr near the Goodwill.  The numbers look great but i am also thinking aboutn long term appreciation which I am not too sure about in this area.

Post: Investing Near the Airport

William FerrellPosted
  • Chicago, IL
  • Posts 8
  • Votes 0

Hey guys,

Wondering if you have had any experience investing near the airport in Indianapolis.  Any thoughts or concerns?

Thanks@Timothy Riley and @Andrewvan!  i am looking ion the Humboldt Park area.  Single and multi-family homes, possibly needing some renovations.  Any ideas?  

@Timothy Riley - What do you think about Bronzeville?

Hello all!  i am just starting out in this area and would love some recommendations on areas in Chicago that have good long term equity gains and good rental income.

Thanks!