All Forum Posts by: Jim Sestito

@Jaredith Mize happy wife happy life ---- if this is a long term plan start small with a single family.  If all goes well my gut tells me she will get addicted to the high of cash flow and want to continue on... and maybe go bigger in round two. 

@Ryan McKean im not local but I can bet most will tell you '3 miles from campus' is too broad to get an accurate rent estimate... #BRs Baths and narrow location will be able to help there... jump on zillow, or trulia and see what other LLs are asking for in the area where you are looking...

@Michael Glaser go on airbnb and see if you can find a comp... hit the owner up and see how the heck they are going... 

Is it big enough to host events?  Corporate retreats, weddings, birthdays, graduations... do people spend way too money on those things in the midwest like we do in the Northeast??

If this is deal is going to tie up the last of your funds to invest I may steer clear... 

but if you have money to burn might as well give your full due diligence...

@Dan H. on Dan's side here --- you can do better with 60 K to invest.  You ran your #s correctly... cap ex is huge - boiler is going to go - roof - ect... 

Other than that your # running was good... do 5 deals a day and offer on the ones that make sense for you...

@Erik Pfundstein  Shoot down to home depot 10 minutes before it opens Saturday morning... There will be at least a few dedicated contractors drinking coffee waiting for the doors to open.  

@Miguel Castillo Miguel going to challenge your KC food knowledge here... ask your network for the best vegan joint in town!

@Holly Boss You scoop this place up yet?  I'd start DIY Prop Management but budget for the pros to take over.... 

@Mindy Jensen The same way they discovered the earth isnt't flat... google.

@Daniel O'Donnell   What type of buy and hold are you looking to get into?  Multi family?  Single fam?  Short term rentals?  Your area has potential for all three - love to visit out there!

boom - toss that as the footer of your email signature! 

BP at its heart is a site of problem solvers - the more you give the more you will get.