All Forum Posts by: Brandon Levi Eagan

@Mark Hilgendorf

Nice! Clinton’s right next door lol.

Will definitely look to attending that meet up. Thanks !

- Brandon Eagan

@Austin Whitmor

Awesome ! Davenports only 35 ish minutes away, I think I’ll attend that.

Thanks

@Jared Althoff

Camanche Iowa, I’m not too far from Dubuque.

I’ll message you. Thanks!

@Nicholas Wallraff

I currently reside in Camanche , IA.

Very Eastern Iowa by the River/Illinois

@Mark Reiland

Thanks !

Hello BP!

I’m looking to network and build relationships with other investors and agents in Iowa, Specifically Eastern Iowa.

I’m new to real estate, looking at buy and hold investing in Duplexes in the $100k-$200k range.

Does anyone know of any local meet ups? There seems to be one in Des Moines but is slightly far for me, and another in Iowa City which I may be attending the next one.

Thanks ! - Brandon Eagan

@Jaysen Medhurst Is being sold as is.

Closing costs is an estimate, and I haven't walked the property down , only been told a brief description from agent, and I'm sure I can do better then 6%, on a SFH I got quoted 3.625

Thanks for your comment !

@David Avetisyan There are multiple because seller is selling multiple duplexes in same area. He is an older man looking to sell all properties because of his age.

Example 1 - LP:$114,900

Both units occupied

Rent 700 Each unit

Tenants pay all utilities

PM charges 9% in my area and handles snow removal/lawncare

2 bed 1 bath units

Insurance $725 a year

Taxes estimated $1900 a year

Rough CoCROI 18%

Depending on numbers/downpayment and such

Any other questions ask away! Thanks.

@Tj Hines I'm starting to understand that. It's more about the relationship than the ROI , at least until the relationship has been made.

I actually did look last night and found a meet up that’s 80 miles away and on a work night but I’ll make the drive to potentially build that relationship with people.

Thanks for your comment!

@Chris Levarek Will Do! Thanks for the book recommendation, will start reading Monday!

Also thanks for the advice. I’ll keep networking and getting to know the right people and working on this credibility letter. Thank you.