All Forum Posts by: Bryan P.

Termite damage can sneak up on you. I think it's a good idea to have a pest inspection during every turnover (for rentals) or as often as once a year depending on the area. Another maintenance issue to think about.

PMs in different markets have told me that small MFs will have turnovers twice as often as SFRs for an average of 1.5 years vs. 3 years. I've experienced this myself so it seems to be true. I agree there is some cost savings and efficiencies with MFs ... one roof and exterior walls.

This addendum is from the Northwest MLS. Do you use this same addendum for other markets if they don't have their own Escalation form? If so, are there legal concerns?

I don't know if you've owed the 4-plexes long enough to know this ... but is the higher (expected) turnover rate worth scaling up faster vs. building slower with SFRs? I know from experience that turnovers are very costly and disrupt cash flow the most.

So how's it going with your 4-plexes so far? Any major hassles? Turnovers yet?

Good job man. What city? B or C class area?