All Forum Posts by: John Pelaez
John Pelaez has started 9 posts and replied 45 times.
Post: Has anyone bought an airport for investment purposes?

- Kalamazoo, MI
- Posts 45
- Votes 13
@John Teachout thanks for your advice. I'm a controller and some buddies of mine were really interested.
Post: Has anyone bought an airport for investment purposes?

- Kalamazoo, MI
- Posts 45
- Votes 13
@Bryce K. It's a small private airfield, Grass strips, no navaids in a desirable area of Michigan. There's a couple of hangars and room for more.
Post: Has anyone bought an airport for investment purposes?

- Kalamazoo, MI
- Posts 45
- Votes 13
I came across an uncontrolled airport for sale and was curios about it. How would I underwrite it? What cost can I expect for maintaining the airport? What can I expect from the government?
@Greg Scott this sounds like a quote from Les Brown.
Post: Executive Order - August 8th

- Kalamazoo, MI
- Posts 45
- Votes 13
@Steven Glasgow
Subsection (a) says residential. That worries me. I'm all in on residential.
Post: Tenant Threatening Police For Showing - COVID-19 / Coronavirus

- Kalamazoo, MI
- Posts 45
- Votes 13
@Kevin Lin I think health and welfare or life or death are still allowable reasons to evict. I can't imagine someone dealing drugs or smashing your property with a bat would still be non-evictable under the stay at home orders. I know it's a different situation but depending on the specific disgusting habit of the tenant, it might be in the same ballpark.
Post: Why are my friends so against me investing in Real estate?!

- Kalamazoo, MI
- Posts 45
- Votes 13
@Michael Lowe you cant hang with chickens and expect to soar with eagles!
I just had my insurance provider call me and say that they accidentally quoted me on my policy for the year and its actually going to cost me an additional 330$. My escrow already paid out for the year aswell. Have any else had this problem come up?
Post: Kalamazoo Real Estate Investing Club Monthly Meetup

- Kalamazoo, MI
- Posts 45
- Votes 13
@Ramon Huerta sorry but I cant make it. I'm not feeling well today.
Post: Kalamazoo Real Estate Investing Club Monthly Meetup

- Kalamazoo, MI
- Posts 45
- Votes 13
@Ramon Huertaill be there, thanks