All Forum Posts by: Ben Lenger

Welcome to Bp Ryan!

Education is always a big step, what I have found thur residential investing is on the job training is the best. Here in central Iowa Ruhl and Ruhl is the heavy hitters in Commercial leasing and selling, if you are seriously interested I would look in to finding a commercial leasing and development company in Iowa City or the Quads see what kind of jobs they have available.

There is a Commercial forum on this site search under forum categories, there are also blogs about commercial investing under Education if you haven't already found them.

Hope this can help you out a little bit. Go Hawks!

Ben

Welcome to BP Kory! What area do you invest in? My fiancé is from STL! Good luck!

Welcome to BP Rich!

You are correct Victorian home to a tri plex.

Yes new electric has been run.

It has an old boiler. I plan on replacing with a new efficient one during the summer if I acquire it.

It has cast iron going in to the ground then clay tile running to the street.

All units have window air.

Have an opportunity to buy a 1900's 3plex.

Asking Price 69,000

Tri plex brings in 1825 monthly 21,900 yearly

Heat Insurance Property taxes 7500 a year

The house is old has little things like crack plaster needs new carpet and some smaller things...

Would you pull the trigger?

Welcome to BP!

 Ill come to a D/M meeting if you guys want to plan something!

New member looking for an investors meeting or  just to meet people in Iowa that are investors.

Started out 3 years ago, have 8 units looking to build a portfolio up to 20.

If anyone can help me out that would be great!

Thanks