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All Forum Posts by: Hector Vazquez

Hector Vazquez has started 7 posts and replied 30 times.

Post: Turnkey vs. "Turn Key"- Performing Duplex, MAKING 14.35%

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

Is this still available?

Post: Triplex Heating Dilemma

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

Good to know;  do you mind me asking how much are you going to pay for the upgrade?

Post: Investors Eye Here! Modern home in desirable Bates Hendricks

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

is this still available?

Post: INDIANAPOLIS DUPLEX--Rent Ready! 15% CAP RATE, ONLY $44,900!

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

is this still available?

Post: Triplex Heating Dilemma

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

Thank you all!!  The answers have been great.

It’s not water based heating.  My guess it’s that insulation isn’t great and windows are old. It’s an old house. We will be changing a few windows but not all yet. 

Post: Triplex Heating Dilemma

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

Hi all,

I'm about to purchase a triplex. It has one furnace that goes to all the units. I can already feel all the text and calls it and I will receive from the tenants complaining that the thermostat is either too high or too low. I have one unit in the second floor into units in the first floor. Only one gas line, so I cannot add additional furnaces, and quite frankly I believe it cost prohibitive given the rents in the area.

My other thought was to do baseboard heaters, I do not know the effectiveness of the heat, and it's my understanding that it's expensive to run for the tenants.

At this point in considering putting a high-efficiency furnace with a thermostat that is going at the moment to the unit on the top given that it's the biggest. However I'm not quite sure how to deal with the hassle of the tenants not agreeing on a temperature. I have thought of password protecting the thermostat and controlling it remotely, but I would hate getting texts to move the thermostat so I believe that is out of the question additionally there is no common area where I can put the thermostat.

Cost wise I'm not quite too worried, I'm planning to charge gas on a month-to-month basis based on square footage size and the bill of that month. Although a bit of a hassle, I can have my assistant help with that piece of it.

Any advice is appreciated.

Thank you,

Hector

Post: Rent to own - $45k in great Indy neighborhood

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

are these still available ? Please pm me I would like to see them .

Post: 623 eugene duplex recently rented 1200 only 28k!!!!

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

please pm me , interested in seeing it

Post: Vacant Duplex near Anderson University!!

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

seller financing ?  Thx

Post: 20 units in about 19 months, not new member but new intro

Hector Vazquez
Pro Member
Posted
  • Investor
  • Indianapolis, IN
  • Posts 32
  • Votes 4

good point. Thank you so much.