All Forum Posts by: Robert Starnes
Robert Starnes has started 5 posts and replied 22 times.
Post: Multi-Family reposition in Los Angeles - Lots of Photos

Robert StarnesPosted
- Investor
- Suwanee, GA
- Posts 22
- Votes 15
Could you please elaborate some on the numbers? with a 5% mortgage and @ $150k down (Just guessing here) it doesn't look like you are making enough to rent one of your own apartments. Of course if the building is now worth close to 2 mil you have a nice paper profit on the equity. But what does having a unit or 2 empty do? looks like it would be a disaster.
Not trying to be negative here, Very beautiful and awe inspiring turnaround on the property. I'm just trying to get a handle on where the profit is.
Post: Furnace Out Plans

Robert StarnesPosted
- Investor
- Suwanee, GA
- Posts 22
- Votes 15
Hi Arnie!!
Neat seeing you here after following you in the Beechcraft forums. I too am looking to use RE as a way to fund my airplane stuff. Maybe after a few rentals I can get that S35 I want! - Robert S A35 D-1808