All Forum Posts by: Aaron Czarnecki

Thanks for the quick reply JD.

I also found this one too: https://www.rentprep.com/tenant-screening/packages...

and it seems like it all goes though the same place? smart move? hum... they all start to funnel sorta? hum...

Hello all, we are back and looking to figure out what is the best or most economical tenant screening services that is available. I am in a toss up of the following?

1: http://www.fidelisscreening.net

2: https://biggerpockets.mysmartmove.com

3: https://cozy.co

Please if anybody know of anything better or has super quality screening and why we should go though them vs. others please let us know. We are now accepting new tenants... just a few days ago.. yikes here goes to our first rental!

Thanks in advance, 

Aaron & Kara

Thanks for the advice guys, I feel that a 30 year fix is not a good option for us as we want to stick with a 15.  did some more crunching of numbers and found that we might be able to pay the house off in about 7.8 years if we do "" everything right lol...

Ok, here goes....

Just saw a multi family house that we like but had some questions on crunching numbers to make sure it works out for us.  Quick BG: We both are 37 and both make $67K a year. No debt, excellent credit, super money savvy etc... Just wanted to make sure this is a great first home for use to pay off then move forward with a second home in the future. 

Details:

Built: 1900

House is listed for $229,900 *I didn't know how much to bid on but figured I'd say $225 with Closing Cost included as a good deal?

Mill Rate: 37.47

Taxes: $4,645

Acres: .38

SqFt: 2,350

We would live in 1st floor *larger of the two and rent out the 2nd floor *800 sqft aprox? not listed.

Here is the number crunching:

We have to put 25% down to avoid PMI = $57,475 (*60K) leaving us a balance of $172,425

Rent for 2nd Unit *upstair would prob go for $950 or $1k.

We want to do 15 Year Fixed

It's has gas heat for entire unit. everything separate.

Thoughts or concerns.

I think this is a great buy! but need number crunching to support my thoughts. Thanks it's our first post.

Thanks for the welcome @Jose Benard I am currently working with a Realestate agent and listening to the BP.podcasts when I can. Great! Material!

Hello all I too am new to this community and looking to invest in a triplex. I currently live in Hamden, CT also. Working in Milford looking to find something that will make a smooth transition for a first time home buyer that helps bring in supplemental income too :)