Justin Lowe
"$200 a door" calculation
When individuals state they want to make $100-200 a door, is that after all expenses? Insurance, taxes, vacancy, maintenance, property management, etc. Even mortgage?
Steve T.
Pet Insurance--coverage available???
A lot of my applicants want to know If I accept pets, and the answer is always NO! I have had tens of thousands of dollars of damage caused by 'good dogs' and "wonderful, loving" cats-some so severe that it was almost...
Andrew Votsis
New Investor. Would It be beneficial to get my realtor license?
Just starting out and would like to buy a multi family property. Preferably a 3-4 unit that the numbers work. Capital is not the issue it’s the experience factor and networking. Would consider partnering up or other s...
Brandi Lewis
Suggestions for selling my property vs. renting it
Hi! I'm moving to another state and planning to sell my current home for a profit so that I can pay down debt and start over with a cleaner slate. My intent was to begin investing after that point. I owe about $177k o...
Kolby Wright
What do you think of these numbers?
SFR Purchase Price: $30kDown Payment + Closing costs: $6500Rehab: ~5kMonthly Mortgage: $200I assume insurance and property tax will run about $50 each per month.Vacancy: 50/monthRepairs: 50/month Total Expense: $400/m...
Eric Davenport
Louisville Airbnb in the Winter
My wife and I are new to Louisville and own a house in Deer Park, a block away from Bardstown Rd, right off of Eastern Parkway. We are currently renovating with plans to Airbnb. We are in the middle of deciding if it...
Justin Porter
Lease Option Advice
Hey everyone! I am a 20 year old investor looking for my first property. I have recently found out about Lease Options and how that can be an opportunity for me to build some capital and acquire my first one.I have a ...
Joseph Duenas
Owner Financing Question
Hello. I am purchasing a house for $210,000. I got the owner to agree to owner finance this to me. I will pay $25,000 down, and his mortgage payment of $1900 per month. There is a balloon due in 18 months. My plan is...
Nicholas Arthur Hogan
FHA loan with plans to refinance
Is an FHA loan worth it if you plan to refinance? Also, with an FHA loan at what point are you allowed to refinance to pull back out your initial investment? How much of the mortgage needs to be paid down in order to ...
Kamil Pieniadz
How much to account for utilities?
Hey St. Louis investors. I’ve been analyzing a ton of deals lately but the biggest issue I’m having is how much I should account for utilities in multi family properties. I plan on paying for water, sewer, and garbage...