All Forum Posts by: ThomasRoy Penland

Quote from @ThomasRoy Penland:

Quote from @Parker Fairfield:

@ThomasRoy Penland

Who's going to manage it? Capital City Property management.

How far a drive are you away? 1000 miles

What's the purchase price? $50,000

Expected cash on cash? Too much numbers, It cash flows $400 per month. I think it’s about 3 to 4 years and I will be paid back in full.

Undergraduate or grad students? Any and all people.

Interesting

Quote from @Parker Fairfield:

@ThomasRoy Penland

Who's going to manage it? Capital City Property management.

How far a drive are you away? 1000 miles

What's the purchase price? $50,000

Expected cash on cash? Too much numbers, I’m lazy. It cash flows $400 per month.

Undergraduate or grad students? Any and all people.

Interesting

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $285,000
Cash invested: $95,000

Multi family property in a booming city expecting major growth with mountains blocking expansion.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $70,000
Cash invested: $27,500

LTR property with ADU in the back. Opportunity for max cash flow.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $50,000
Cash invested: $12,500

Single family residence in Springfield, IL.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $187,000
Cash invested: $187,000

1031 other property in Colorado for this unit and 1 other.

Investment Info:

Condo buy & hold investment.

Purchase price: $174,000
Cash invested: $174,000

1031 from a property in Colorado. Purchased 2 units in the Dunes Resort. This one, unit 244, and another, unit 302.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $210,000
Cash invested: $210,000

Primary home turned into long term rental.

Quote from @Leslie Villareal:

Hi David- Welcome to the BP community! You will find so much useful information here, especially when you are just starting out. I am an agent and live here in Albuquerque and my husband and I invest in both single and multi family in Abq and Rio Rancho. I'd love to connect with you and see if I can help you on your investment journey! I'll send you a message now- hope to speak with you soon,

Leslie 

Welcome David. Leslie and her husband are a great resource. ABQ is a great place for investing, but from what I’ve seen, it’s harder to get the returns like it was in the past. I also invest in ABQ but my new purchases have ventured to other states. If you ever want to chat, hit me up, I love talking Real Estate. It was great to see your post at BP con Leslie. And congratulations on the sales accomplishment with your team.

Quote from @Account Closed:

@Nicholas Hausmann - greetings, whereabouts please? As in zip code? Thank you in advance.

62703 and 62704 are my properties.