All Forum Posts by: Jerry Sanders

I live in Jacksonville, FL and need to repair a furnace and air conditioner for a property in Winston Salem.  Does anyone have a good recommendation for that area? 

I attend several meetups here.  We have RE meetups of one kind or another most days of the month.  There is a very active real estate community here.  

In your area there is the Mid Atlantic REIA meeting. Also the hard Money Guys have a regular meeting in Columbia.

Nicholas

I moved from Baltimore (inner harbor) to Jacksonville 2 years ago.  Best move of my life.  Real estate values are about 40% of the Baltimore metro area.  About 35% of DC/NVA metro.  However rents are comparable.  If you choose to invest here or relocate I'm sure you will find value and a good return on your investment.

Jerry S.

I do buy and holds.  The prices have gotten too high to really make money trying to flip.

Bryan

I invest in rehabs and mobile homes.  Let's connect and I may be able to give you some ideas or help with this.

Jerry Sanders

Jake

Your analysis looks sound. However I'm not sure your cash outlay is correct. You may want to check your spreadsheet to see if its calculating correctly. Also I assume your maintenance line is really your maintenance reserve not capex reserve. Those are separate items. Maintenance reserve covers repairs and normal maintenance items. Capex reserve is to replace major capital expenses (roof, HVAC, appliances).

Hope this was helpful.

Jerry Sanders

I was recently asked to manage some rental property for a family member.  Does anyone know where I can get a sample property management contract?