I'm interest in orlando Kissimmee, winter Garden, davenport areas

@Christopher Phillips thanks for the quick response how is the market of garden city compared to nyc and westchester county 

Long time researcher here on BP.With 900 purchase and 180K gross rent per year (100% occupied), I was hoping for much better CoC (20-25%) but when I plugged in all the recommended % ages the CoC dropped to 8%.Following are real numbers, taxes are high (spoken to county appraiser and tax collector), insurance is high as well, mantainance and cap ex is used from NAA 2016 survey (6.4% and 9% for garden style complex):http://www.naahq.org/sites/default/files/naa-docum...Also did itemized capex calculation for roof, parking lot etc + each unit with life span etc.  9% capex of gross rent and itemized almost align.Commercial loan terms are with wells fargo for a 25 term loan, 10 years fixed and then refinance.I am a bit concerned about commercial loan not having longer term and fixed rate, also higher interest rate.I will create an LLC, have property damage, Liability and Umbrella insurance to protect myself.Is the property management fair at 10%?

you want free and advice.. take them to lunch... lunch is one of the cheapest forms of marketing you can get.I had a very quick stint at trying to sell dental chairs and delivery system equipment when I was fresh out of highschool and right before I got my RE license.I still remember the owner of the company taking out his credit card and making a big point of it and buying lunch as one of the best forms of marketing.

Do you have a mailing list where you could send me notifications for 3, 4 and 5 unit dwellings around Garden City, Westland, Canton, Southfield, Farmington, Farmington Hills, Livonia and Plymouth?

Going back, if I were to start fresh I would've "house hacked" my first property with a duplex or triplex.

(Garden units, outdated, bad season and etc.)Criteria:- Preferably no HOA building or you control majority of the HOA. - Areas: Bucktown, Logan Square, Noble Square, Lincoln Park, Lakeview, Old Town, Near West Side, Roscoe Village, Ravenswood, Lincoln Square, Andersonville, North Center, PilsenContact me to discuss and find out more about how it works.Best,Ryan JangInvestor, Realtor

In the Westland/Garden City area.

I'm Currently Active duty Navy in the Hampton Roads area ....I'm fresh in the world of investing but I've always wanted this since I was 17 years old and the Carlton Sheets era was bombing lol but money wasn't the motive I've worked house and help my dad around the house and that feeling of ownership and knowing that taking an eye sore and making it your vision is one of the besting feeling ever.

Buy and flip someone else's freshly completed house?