All Forum Posts by: Eric Siebert

I'm curious as to how you go about judging the price of a duplex and/or small multifamily.  I'm looking at a property that has an on market price of around 230k. The Zillow estimate( I know, I know), says it's worth 170K and the assessor says 120K. With a single family home it is so much easier to judge the price by looking at comps in the neighborhood. What is the best way to go about plugging numbers into a formula that says "go/no go?

Thanks

Looking for some recommendations for a real estate lawyer in Omaha Nebraska. Any help is much appreciated.

Thanks

Eric

Brian,

You can share the pdf of the calculator and others would be able to look at it an see if there were any errors in your calculations. 

I'm not an AirBnB host so I don't understand the nuances of the platform. Are there any filters that you hosts are able to put in place? I would imagine that you could have that guest blocked from Air BnB but they will just urn around and set up a new profile under a different name. It sounds to me that the instant booking option is not a good idea from what I can tell. 

I’m not a police officer but I am an Omaha fire fighter. I would get the police involved because of the chemicals involved in the production of meth. Call the non emergency number and get some advice. The mitigation of those chemicals can be dangerous. Side note: I see a lot of people that live at the long term hotels, which sound like the type of people you had there, ask yourself why they are from Omaha and need a short term room. Sorry to hear that this was a bad experience.

That could be a great area for so many things in Omaha, CWS, swim trials, Creighton graduation. And right next to Creighton and near UNMC if the AirBNB doesn't work.  I think that you have a winning opportunity there.

Congrats! What part of the city are you in? Curious to know what may work in our city for short term rental.

Chase, Welcome from a USAF vet. Definitely try to make it to the next meet up that Collin is putting on.

Looking forward to it!

As a professional firefighter in Omaha I can tell you that a chimney is not what dictates the need for a CO monitor. There are many areas of gas fired appliances that can go bad and build up CO in the home. It's cheap piece of mind knowing that you are providing a safer environment for your tenants. New Smoke/CO combination detectors are generally good, including the batteries, for 10 years, as stated on their boxes. Professionally, change them out every 7 years.  Small price to pay for making sure that your tenants don't wake up dead.