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All Forum Posts by: Kristopher Kyzar

Kristopher Kyzar has started 46 posts and replied 254 times.

Post: First investment - Which multifamily seems like a better deal?

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@John Doss I agree with @Sean Rooks about your numbers. I typically run my expenditure numbers like this: CAPEX 5%, Maintenance 5%, Management 10%, Vacancy 8.5% (1 month). Your property taxes on #2 look high too, but I don't know what the going rate is in your area.

Post: Hampton Roads, VA CPA recommendation?

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Maya Torres Zuckerman & Associates is also a good choice.

Post: Property Manager in Portsmouth, VA

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Luke Evans when you say light rehab, what all needs work. I’ve flipped houses in Portsmouth, and have a network of contractors and PMs I could recommend.

Post: How many people use www.IdealEstate.co, and is it worh-while?

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Miriam Moorman thanks.

Post: BRRRR on SFR in North Charleston, SC

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Kyle Stanley Congratulations on a successful BRRRR!

Post: CHARLESTON HOUSE UNDER CONTRACT

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Justin Woods I sent you a message also.

Post: 2nd Investments:Townhouse Quick Flip

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Dan V. Congratulations!!

Post: When someone asks you to add 48 + 27, what happens in your head?

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Jim K. 50+30=80-5=75

Post: Infinite Banking concept

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Tanner Queen yes.

Post: 75% + LTV Lenders in Norfolk area

Kristopher Kyzar
Posted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 260
  • Votes 174

@Paul Rice I recently purchased a rental using a commercial loan from ABNB. I got 90% LTC up to 80% LTV at 3.75% on a 5 year balloon loan. Local banks are more willing to do these kinds of deals, you just have to find them.