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All Forum Posts by: John Aloisi

John Aloisi has started 4 posts and replied 24 times.

Starting Out

Post: Go or No-Go?

John AloisiPosted
  • Investor
  • Allen Park, MI
  • Posts 24
  • Votes 13

We haven't had it inspected yet. Still trying to decide whether or not to make an offer. 

0 Votes
Starting Out

Post: Go or No-Go?

John AloisiPosted
  • Investor
  • Allen Park, MI
  • Posts 24
  • Votes 13

Looking at buying our first rental. Here's a duplex we're looking at. What do you think? Is this a good deal or should we keep looking? 

Purchase price = $75k

Financing= HELOC for full amount at 3% = about $300/mo

Duplex currently rented at $1,300/mo total. Tenants pay all utilities. Both units currently rented. We plan to self-manage. 

Property tax = $2,500/yr

Insurance = $1,000/yr

Maintenance = $100/mo 

Cash Flow = about $600/mo 

0 Votes
Multi-Family and Apartment Investing

Post: looking for a property manager in the thumb area of Michigan

John AloisiPosted
  • Investor
  • Allen Park, MI
  • Posts 24
  • Votes 13

Port Austin area (tip of the thumb)

0 Votes
Multi-Family and Apartment Investing

Post: looking for a property manager in the thumb area of Michigan

John AloisiPosted
  • Investor
  • Allen Park, MI
  • Posts 24
  • Votes 13

I'm looking for a property manager to manage a multi-unit property in the thumb area of Michigan. Google is failing me here. Any suggestions? 

0 Votes