All Forum Posts by: Hayden W Gibson

@Gabriel Madrigal I’m looking to do out of state multi-family buy and hold. Have you identified any markets you are going to look at?

@Sarah Hertweck as someone who sold flooring for a while I have some insight into the stair nose problem. I would suggest going to a Floor and Decor and looking at their returned stair nose pieces. Typically the unfinished wood pieces will be the cheapest (and the store wants to get rid of the returned stuff so ask for a deal) so I would buy those and stain them. 

The only issue will be matching thicknesses. The best way to solve that problem is to add some sort of underlayment. If you are using vinyl you will need to add more layers of underlayment to match the stair nose thickness.

I hope this helps!

Welcome to BP @Gabriel Madrigal. I’m a newbie from NorCal as well!

@Trupti Raisoni what property condition are you looking for?

@Martel Fowler I’m also a newbie looking to invest out of state. A great place to start is by reading Davis Green’s book on our-of-state investing.

Welcome to BP @Jason Silva! I’m a new Investor in Sacramento as well. Best of luck to you.

@Austin Bright If you are house hacking you look on Craigslist to see rent-by-the-room rates in the zip code your property is located. But like others have mentioned, I like to use rentometer when I run numbers.

Best of luck to you!

@Matt Nusbaum I'm looking for BRRRR with small multi-family properties. I want to buy for cashflow and eventually 1031 into commercial multi-family properties. I want to be FI by 30.

@James Gleeson thank you for the input! I will send you a PM with some questions.

@Justin Polston Thank you.