All Forum Posts by: Chris Perrin

Hey everyone, I’m looking for some advice on how to split the utilities for the in-law apartment. The apartment is not individually metered but is on its own water heater and has its own central ac unit, my side of the house does not. Outside of getting it metered, which I have looked into, does anyone have any ideas of how I could fairly split the  gas and electric bills? I appreciate any help!

Good afternoon everyone, 

I am reaching out to see if anyone has any good suggestions on a Title Co in NH that deals with wholesalers, specifically double closings and contract assignments? I have called about 10 and haven’t been able to get any luck. I know there are other threads about this but they seem to be a few years old. Any help that anyone could offer would be greatly appreciated. Have a great day. 

Hey BP, I am looking to start investing in the Charlotte NC area. I currently own a property in the north east but I am looking to make my money go a little further. Charlotte has appealed to me, particularly the UNC Charlotte area. I was wondering if anyone has any advice or intimate knowledge of the area that they would be willing to lend: areas to avoid, realtors, contractors, market specifics etc. Any help would be most appreciated! Thanks friends 

John, 

Thank you for the response here. Do you have any suggestions on places to find these metrics? MSA growth, schools and economic diversification? 

Hey Everyone, 

 I am looking for an agent in Manchester, NH. Particularly one dealing with multifamily family properties. Any help would be great. Thank you.

Hey Everyone, I am looking to start a direct mail campaign. I have already purchased the list from list source. Now I am looking for advice on what to write on the letter as well as how people are getting their letters out, e.g. are people stuffing letters themselves or outsourcing the process? I’ve looked into yellowletters.com, if anyone has any advice I would appreciate it. Thank you!

@Shadonna N., this is a 3 unit property. The rehab estimate is from a contractor that I brought through the building with me. So he included bringing everything being brought to close. I analyzed the property with 50k extra to account for any unforeseen rehab costs as well.

I have recently come by an deal that from analysis so far looks really good. The "issue" is that the house is a total rehab, looks terrible. I know the saying goes that the worse it looks the more money it produces but I am wondering if there is a line that shouldn't be crossed. Just quickly, the numbers look like (Off Market Deal):

Asking: 80,000 

Estimated Rehab: 150k 

ARV: 325k

It is a multi family so I plan to BRRRR the property. It is in a nice area which dictates great rents as well.

This would be my second investment, the first being a multifamily that did not require a ton of rehab that I could not handle myself, which is probably why I am so hesitant. I suppose I am just wondering if the numbers make sense I should just get out of my own way or if there is a certain caution I should take that I am not seeing with a rehab like this. Any help or advise anyone could offer would be greatly appreciated. Thanks everyone.

@Bradley Tetu I am in Nashua. Thank you for reaching out 

Hey everyone, 

     I have seen and heard people talk about 5-10% down conventional loans but I am having a hard time finding one in my research. Where are people finding them, if they are. And are there requirements to this type of loan? Thank you.