All Forum Posts by: Dieudonne T.

@Chris Davidson

thanks for the tips on talking to local landlords, I suppose I could find a couple of for rent properties call that phone # and so long as its not a management company see if one of the landlords is willing to look at the numbers. 

@Evan Polaski

I did not know of that 1.75% potential upfront MIP I will talk to my banker and find out if that is the case and then include it in my future practices.

the m insure is the monthly MIP and the h insure is for home insurance, I used an only mortgage calculator for those figures.

for who leasing the property i will do my self so I can get some on the job training in that area. I include the management just for in the future when i stop management it my self

the reserves is one of my biggest concern as well due to murphy's law, its really hard to estimate exactly what will go wrong what would you say is a good cap ex for an older property? 

@Carl Millsap

This makes a lot of sense, especially having another tenant cover some portion of the Monthly expenses if one leaves In a duplex or quad Plex Instead of me having to cover all of it when there’s a vacancy.

talk about a walk of shame, got 2 weeks off work and the first thing i do is not practice daily property analysis. but now am back to my regular routine. hence this one 

thank you Darson.

while i do have access to the MLS with my agent, i will probably run out of duplexes to analyze eventually

i will definitely take any duplexes you can send me to analyze and get comfortable with the numbers.  

trying to make this a daily habit for the next 90 days

@Bjorn Ahlblad

Sound advice

Thanks 🙏