All Forum Posts by: Jonathan Beckett

Hey Juan, I'm in Martinsville VA. Where are you?

@Roger Helms hey man there’s a few of us on here from Martinsville. Have you gotten started in real estate yet? There’s a meet up once a month in Martinsville

@Ben Sears hey Ben I live in martinsville for future reference.

@Samuel Hopkins me buddy 😃

@Paul Moore thanks Paul! I just read the complete article. I guess the problem that I’m having is my cap rate is coming back close to 12 so either I’m analyzing this incorrectly or this is a great deal. I’m subtracting insurance, taxes, landscaping, dumpster, septic pump from gross to come up with noi. I noticed you’re in Lynchburg...... maybe 1.5 hours from me!!

@Chris Winslow thanks! I’m curious if there’s a percentage you would look for after all expenses are deducted? I understand all

Areas and deals are different but I’ve only bought sfh and triplex. I’m looking at a 13 unit apartment and the other is 24 units. Thanks again

In your opinion, is the 1% rule as important? I’m considering 2 properties as they are both very close to the 1% rule. There is some upside in raising the rents but some are long term tenants.

@Ben Sears hey Ben I’m new to rentals but I’ve got 2 sfh and triplex. I can help you with a possible management unless you’ve found something

I’ve talked to cardone capital and seems legit. I’m interested to know If anyone has invested with them? Is this another option to get into

Real estate?!

@Mark Fries ..... new to this. How do you determine the class of property? You mentioned “c” property.