All Forum Posts by: Irving Casas

 @Christopher Jason Lloyd If the home is going to be a long-term hold for you. I say invest in appliances that will attract the best tenants. At my duplex I use window A/C. As I start to plan my next investment, I see that I have to upgrade to a mini-split(I look at comparable rentals). It would have been nice to enjoy the mini split the last two summers and pass it on to a tenant who will take good care of it. 

@Tom S.

Is there a reason you would need the commercial department? Are 2-3 unit multifamily in NY or VT considered commercial loans?

Medical recruiters and construction companies are agencies you can target that will pay more for a well-managed living experience. For example, night shift MTR medical workers would pay higher premiums for blackout shaded, AC homes that are quiet. 

Yes! Everything should be operable and in a good condition. Safety issues such as a leaking sink need to be addressed immediately. Good tenants will report repairs needs quickly and that will help persevere the home's value. 

One thing that helped me stayed focused on buying my first deal was to evaluate 5-10 deals every day. I used the BP rental property calculator to evaluate duplex deals. 

@Bonnie Low

Most medical professionals work 12-hour shifts. Essentially they only spend 9-11.5 hours at the MTR. I work as a respiratory therapist at a hospital in Oregon. They indeed value privacy, quiet and a tidy place to recharge for another 12hour shift. 

@Lucas Hunt

I would make sure that parking and use of shared spaces, is clearly understood on a lease agreement by you future tenants! This is a great way to reduce your monthly living expenses.

@Sarah Baniewicz

MTR is great investment strategy in Beaverton and Portland Oregon. Episode #780 of the BP podcast talks all about MTR rentals. I work as a medical professional in Beaverton, Oregon. There are 4 major hospitals within 10 miles of each other. I would estimate that 4/10 employees at my hospital are MTR. Even after COVID we seem to have difficulty keeping full time employees. 

@Luciano Espinosa

One thing that helped my buy my first deal was to analyze 5-10 deals per day. BP has tons of resources on how to analyze deals. I used the BP rental property calculator.  I focused on small muti-family investing. Best of luck investing!

@Bonnie Griffin Kaake

Thank you this is a great suggestion. Not only will replacing the carpet make the home feel newer, it'll also be a tax deduction.