All Forum Posts by: Gus Alonzo

@Bill S. original link didnt work. 

@Bill S. I can't thank you enough!  That was everything I needed to know.  The only reason why I was looking at those 1900's Victorian was because I was hoping to live in 1 unit that would have enough room to fit my family and also benefit from the income.  I may need to rethink my strategy here. I think i might need to find a home to renovate(so i can gain some equity) and then purchase a property specifically built as a 4 unit with no intention of living in the space.

Hi everyone,

I will be back to Denver, Colorado in the near future. My hope is to purchase a Quadplex that is around 5,000 sq ft, with a larger main residence (hoping 2,000 sqft). I usually see older 1900's Victorian homes that fit this criteria. While doing my research I came across a few things: 1. I notice that the expenses are much higher on quads because the ones I have seen are not sub-metered and the owner is paying the water, electric, gas, garbage, etc 2. Are most quadplex's in Denver not sub-metered? 3. If not what is the avg cost associate with sub-metering units? 4. I have noticed an avg GRM of 13.7 is that what you all notice? 5. I see renovated units renting for about $1,600 month (I know it depends per unit, bd, bath, etc.)

On a side note, does anyone ever do home warranty on any of their rentals?  If so, do you pass on the cost to the tenant per claim?

Thanks all!

So sorry for the delay guys,

Been preoccupied with selling a property and now am ready to truly focus the salt lake market.  I will reach out to you all individually.  Again, I apologize for such a delayed response

Thank you all.  I will reaching out to you guys individually.

Hey guys,

I am need of help analyzing a sale of a 36 unit property in Los Angeles.  I am newer in the investing game and own just 1 investment property.  My father was approached by a very serious invest wanting to purchase a property he inherited.  I took the lead in the negotiations because I negotiate at a high level for my current business.  Things are going well, but my main problem is that I dont know the Los Angeles market too well and I dont know what my $$ limits are for this particular property.  I will go over the details of the sale once I know someone can truly help me.  The reason for this, is that I dont want a bunch of brokers trying to jump into this deal.  Just need good will analysis and advice.  Thanks guys!

Hey guys,

I am looking to start investing in Salt Lake City and would love any recommendations you guys can provide on knowledgeable agents and property managers in the area.  Looking for smaller multi family buildings ranging from 4-16 units.  thanks!

Great advice guys!  Is there any excel templates you all use to input your leads?

Thank you for all the feedback guys!

Hey guys,

I am a newcomer to BP and I have always had this question. What is the critera that professional flippers or buy and holders/BRRR use when figuring which house to purchase. I know its a little different for everyone, but I want to be able to know a deal when I see one. I also know that there are calculators on this site but I want to here what you all think and use. Thanks guys!